Raw sugar futures on ICE were slightly higher on Wednesday, underpinned by the prospect of tightening supplies in coming months, while coffee and cocoa prices also rose.
October raw sugar was up 0.02 cents, or 0.2%, at 10.96 cents per lb by 1409 GMT. The front month climbed to a peak of 11.34 cents on Monday, its highest since Sept. 3.
Dealers said the market was likely to consolidate in the short-term after rising sharply on Monday as crude oil soared and then losing some ground as energy markets fell back.
They noted concern about short-term oversupply and the possibility that sugar perceived as less desirable could be delivered against the October contract, which expires on September 30.
The longer-term outlook remained more bullish, however, with the global market set to swing into deficit in the 2019/20 season.
French farmers expect to harvest around 37.7 million tonnes of sugar beets this year, down sharply from the five-year average after severe weather conditions affected yields, growers group CGB said on Wednesday.
December white sugar was up $0.90, or 0.3%, at $321.70 per tonne.
December arabica rose 1.2 cents, or 1.2%, to $1.0155 per lb with the market regaining some ground after falling sharply on Tuesday.
Dealers said forecasts for much needed rains in key growing areas in Brazil had triggered the fall in prices this week, reducing concerns that dry weather could hurt crops in the flowering phase.
The market remained underpinned, however, by concerns that the 2020 crop in Brazil may not be as huge as had been initially expected partly due to a prolonged period of depressed prices.
"The low price level means that growers are cutting costs when it comes to maintaining their plantations, which is likely to negatively impact production in the coming season," Commerzbank said in a market note.
November robusta coffee was up $15, or 1.1%, to $1,328 a tonne.
December New York cocoa was up $14, or 0.6 percent, at $2,408 a tonne after rising to a peak of $2,409, the highest for the front month since July 26.
Dealers continued to keep a close watch on proposals by Ivory Coast and Ghana designed to boost prices in a bid to tackle pervasive farmer poverty.
Both countries are looking to introduce production ceilings, industry regulators said on Wednesday. December London cocoa rose 9 pounds, or 0.5%, to 1,833 pounds a tonne.
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