Mid Morning Commentary from fc stone

Today’s Market:

 ·ICE  Arabica futures May contract opened 10 points higher  today at 133.20 cents a  pound, and is currently trading higher at 133.50  cents.

 ·LIFFE  Robusta futures May contract opened $3 higher today  at $2158 a ton, and is  currently trading lower at $2146.

 ·Various  sectors of Colombia have withdrawn support from the  Federation, citing poor  management of the strike as the cause.

 ·The  Euro is firmer on expectations that the European  Central Bank will contain the  Cypriot financial crisis.