NEW YORK, July 16 (Reuters) – Speculators decreased their web lengthy positions in uncooked sugar and arabica espresso futures on ICE within the week to July 13, and reduce their quick place in cocoa, information from the U.S. Commodity Futures Buying and selling Fee confirmed on Friday.
Cash managers and hedge funds reduce their bullish bets in uncooked sugar by 17,330 contracts for the interval, bringing their web lengthy place within the sweetener to 150,525 contracts. Their espresso lengthy was reduce by 2,526 contracts to 20,839 heaps, the CFTC stated.
(Reporting by Marcelo Teixeira; Enhancing by Leslie Adler)
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