Benchmark arabica coffee futures eased.
COCOA
* September New York cocoa settled up $58, or 2.4 percent, at $2,501 a tonne.
* September London cocoa settled up 34 pounds, or 1.9 percent, at 1,816 pounds a tonne.
* Speculators lead the market, said one European dealer. "The market is jumping around because we're awaiting fresh news, we are trying to work out where the next direction is."
* Grind data, a key demand indicator, due out next week underpinned prices, with traders citing expectations of European grindings to be up 2-3 percent.
* Prices also got a boost early in the session from a strong premium of spot prices in London, indicating a healthy appetite to scoop up the delivery.
* The West Africa mid-crop, in the world's top growing region, started to stabilize and likely will leave production in Ivory Coast and Ghana for the full season below last year's totals, said an analyst.
COFFEE
* September arabica coffee settled down 0.25 cent, or 0.2 percent, at $1.148 per lb.
* "There's nothing bullish about coffee except a record short (held by speculators)," said a US trader, noting ample global supplies behind the depressed prices.
* Weekly US government data published on Monday, delayed due to the July Fourth US Independence Day holiday, showed noncommercial dealers boosted their bearish stance in the commodity to a fresh record in the most recent week.
* "It does definitely leave the door open for short-covering," said a European dealer.
* Brazilian cooperative Cooxup? said it saw the slowest pace of harvesting, at this point in the season, since 2015.
* September robusta coffee settled up $10, or 0.6 percent, at $1,705 per tonne.
SUGAR
* October raw sugar settled barely changed at 11.41 cents per lb.
* Biweekly cane data was due Wednesday. Drought has diminished the cane production outlook in Brazil's key center-south growing region and raised the prospect of an early end to 2018's harvest.
* An ethanol stocks build-up raised the prospect that top-grower Brazil's cane millers may switch production back to sugar, which could further pressure prices already hovering near mid-May lows, traders said.
* October white sugar settled up $1.20, or 0.4 percent, at $332.10 per tonne.
* The premium for the August contract weakened slightly, but remained at about $7 over the October position.