London white sugar futures finished down on speculative and fund selling on Friday after falling nearly 3 percent shortly before the close, and traders and analysts said big global supplies would weigh on prices.
Benchmark October settled down $11 at $369.90 per tonne in volume of 4,891 lots after trading from $381 to $369.
December closed down $14.10 at $359.90 in volume of 2,603 lots, having moved from $374.50 to $359.
"It was spec and fund selling...It probably hit some sell stops as well," one dealer said.
COFFEE FUTURES UP:
London robusta coffee futures ended up on trade and industry buying on Friday after trading down earlier in the session, dealers said.
Front-month September settled up $33, or 1.9 percent, at $1,805 after falling more than 3 percent earlier in the session to $1,716.
The top of the day's range was a new contract high of $1,845. The contract saw 633 lots traded and open interest remained a fairly high 10,766 lots. The benchmark November contract settled up $22, or 1.5 percent, at $1,538 after trading between $1,554 and $1,488. Total volume across all contracts was a moderate 14,314 lots.
COCOA RISES:
London cocoa futures ended up on speculative and light fund buying in switch dominated trade on Friday, traders said.
The benchmark December contract settled up 10 pounds, or 1.2 percent, at 848 pounds a tonne after trading between 851 and 838 pounds. Total volume was 11,807 lots. Traders said the market had filled a gap that developed earlier in the week and they were waiting to see if it would hold its current level.
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