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…
Cocoa futures on ICE fell to two-week lows on Monday, extending last week's losses after retreating from a 3-1/2-month peak, while raw sugar prices also declined.COCOA* London cocoa was down 6.2% at 2,845 pounds a metric ton at 1542 GMT, after having hit its lowest since May 5 at 2…
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…
Raw sugar futures on ICE fell on Monday after oil prices slumped following comments from U.S. President Donald Trump that he would postpone any strikes on Iranian power plants and energy infrastructure.Falling energy prices can prompt cane mills…
World sugar prices headed higher on Monday on fears the U.S.-Israel war against Iran, which is disrupting global energy supplies, will prompt Brazilian cane mills to produce more ethanol and less sugar.Ethanol is a cane-based biofuel. If mills…
