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Print Print edition: 2011-06-15

US MIDDAY: sugar drops

Published Updated

Sugar futures came off early on Tuesday on producer sales, with whites hit by the likelihood of more Indian exports while raws were pressured by switch trade from players unwinding positions in the spot contract. Robusta coffee closed lower on record certified stocks and the arabica market was mixed in choppy dealings while cocoa closed mostly higher.
New York's July raw sugar contract fell 0.52 cent to reach 25.07 cents per lb at 12:48 pm EDT (1648 GMT). ICE September arabica coffee was up 0.50 cent at $2.7050 per lb. ICE September cocoa gained $26 to settle at $2,994 a tonne.

Copyright Reuters, 2011

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