Arabica posted its first higher high, higher low with a positive settle since Nov 27th, closing up 165 points at 102.50. Discretionary spec buying was noted through the session as liquidity thinned in an otherwise challenging day for commodities. H/K again was pushed out under the weight of risk premia selling before again closing -3.15. London rose $17 to 1524 on industry support as momentum selling appears to have slowed. F/H held steady at -30 ahead of Monday’s FND.
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