London sugar higher

London sugar futures closed higher on Friday boosted by a late flurry of fund buying, dealers said. Benchmark August finished up $5.00 at $481.00 per tonne, near the top of the day's range of $482.00 to $470.00. Total volume was 9,936 lots.
Dealers said prices had earlier weakened, dragged down by weakness in metals, energy and agricultural commodities, but the decline stalled as the market approached major support around 15.85 cents per lb on July New York raws.
Prices then began to rally and stops were triggered as the run-up began to gather momentum, they added.
"Everything was technical today," one dealer said.
One trader referred to talk of Tunisian buying of two to three cargoes of white sugar.
There was no immediate official confirmation.
There was also talk that an EU refiner was believed to be seeking Brazilian raw sugar to toll because of the higher white sugar premium and the end of the EU white sugar export programme under sugar regime reforms.
COFFEE LOWER: London robusta coffee futures ended lower on Friday, weakened by fund and speculative selling linked to weakness in other commodity markets, dealers said.
Benchmark July ended off $6 at $1,131 a tonne, near the bottom of the day's range of $1,150 to $1,129.
Total volume was 13,392 lots.
"Spillover from other markets has dragged us down," one dealer said.
Metals, oil and agricultural futures all fell heavily on Friday.
COCOA LITTLE CHANGED: London cocoa futures closed little changed on Friday, as the impact of a stronger dollar was mostly offset by weakness on commodity markets, dealers said.
Benchmark July was up 2 pounds to settle at 865 a tonne, trading in a range of 857 to 867 in turnover of 5,173 lots.
Total volume was 10,540 lots.
"We've seen some selling in sympathy with New York," a trader said. "We're following the other commodities."
A stronger dollar lent support to the London market earlier in the session, with the pound dipping to $1.875 by 1557 GMT as investors took profits on recent gains against the US currency.