LONDON: Arabica coffee futures moved up on Friday towards the prior session's five-month peak as the market's focus remained on political unrest in top producer Brazil. May arabica coffee was up 1.30 cents or 1 percent at $1.3385 per lb at 1248 GMT.
The benchmark second month had climbed to a five-month high of $1.3490 on Thursday.
The market has been boosted partly by a strengthening in Brazil's real currency which jumped on Thursday after a second straight day of mass anti-government demonstrations.
Many traders believe a change in government would be the first step in rebuilding investors' trust in Latin America's largest economy.
Commerzbank said, however, in a market note on Friday, that the protests could make the country - which finds itself in the midst of a severe recession - even more difficult to govern.
"The real could therefore depreciate again at any time, so we do not regard the latest rise in the price of arabica coffee to be sustainable," the bank said.
Concern about dry weather in Colombia and Vietnam has provided additional support during the last week.
May robusta coffee was off $2 or 0.1 percent at $1,457 per tonne.
Raw sugar futures dipped after the prior session's strong run-up to their highest in more than one year with the market also keeping a close watch on the political situation in Brazil.
"The political situation in Brazil is becoming fascinating and something akin to a theatrical tragedy with the ruling elite seemingly racing rather than crawling towards a pivotal point of change," said Tom Kujawa, co-head of the softs desk at Sucden Financial.
"There seems to be a lot of conjecture on the relevance to the sugar price action but overall it would seem more likely to favour the sugar bulls in the short term," he added.
May raw sugar futures were off 0.02 cent or 0.1 percent at 15.97 cents a lb after rising to a peak of 16.02 cents on Thursday, their highest level since January 2015.
May white sugar was off $2.20 or 0.5 percent at $450.50 per tonne. Cocoa futures were higher with the market underpinned by concern that hot, dry weather earlier in the season will reduce the size of mid-crops in West Africa.
May London cocoa rose 9 pounds or 0.4 percent to 2,269 pounds a tonne and May New York was up $20 or 0.6 percent at $3,136 a tonne.
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