US cocoa futures settled a shade up on Wednesday, with spread trading and delivery rollovers nudging prices further away from recent contract lows, market sources said. The New York Board of Trade's front month December delivery ended at $1,341 a tonne, up $7, after trading from $1,334 to $1,344.

March cocoa gained $8 to conclude at $1,372, and back month contracts finished up $8 to $10. Traders estimated total futures turnover at about 17,000 lots, down from the previous session's official tally of 26,016 contracts.

Copyright Reuters, 2005