Bloomberg News

Money Managers Trim Net Short on Cocoa, NYSE Liffe Report Shows

November 07, 2011

Nov. 7 (Bloomberg) -- Money managers trimmed their net- short, or bet on lower prices, for cocoa traded on NYSE Liffe to 3,821 futures as of Nov. 1, according to the exchange’s commitments of traders report.

The net short was down from 5,171 futures a week earlier. They were net short on robusta coffee and feed wheat as of Nov. 1 and net long on white sugar, according to the exchange.

To contact the reporter on this story: Isis Almeida in London at ialmeida3@bloomberg.net

To contact the editor responsible for this story: Claudia Carpenter at ccarpenter2@bloomberg.net


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