Cocoa futures on ICE fell around 5% on Friday, heading for a third consecutive week of losses, while raw sugar steadied after touching a three-week low.COCOA* London cocoa fell 4.3% to £4,227 per ton at 1326 GMT.* A dealer said this season's surplus is weighing on prices, plus there are fears that the recent run-up in prices dented demand in the third quarter.* Elsewhere, rains in West Africa have been sparse of late…
Raw sugar futures on ICE hit their lowest in more than a month on Thursday as oil prices remained steady despite escalating hostilities between the U.S. and Iran, while coffee prices gained.SUGAR* Raw sugar fell 0.7% to 13.82 cents per lb at 1448 GMT…
Raw sugar futures on ICE closed down after earlier hitting a two-week high as selling in top grower Brazil dried up and oil prices rallied.Coffee and cocoa algo posted losses.SUGAR* Raw sugar settled down 0.1 cent, or 0.7%, at 13.83 cents per lb…
Robusta coffee edged up on Monday, consolidating last week's 2% gains in quiet trade with U.S. markets closed for Martin Luther King Jr. Day, while London cocoa headed lower.COFFEE* Robusta coffee closed up 0.3% at $4,013 a metric ton, having gained 2% last week…
