London NYSE Liffe saw no evidence of abusive trading behaviour on the July cocoa contract that expired last week with the physical delivery of almost all London's cocoa stocks, it said in a letter to a group complaining of excessive speculation in cocoa futures.

"From our investigations there is no evidence of abusive behaviour or that any market participant is trading with the specific purpose of distorting the price of the July 2010 delivery month," said the letter from the exchange, dated...


Continue reading ...