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Summaries of the ICE Futures US cocoa, coffee and sugar markets early on Friday. December arabica coffee contract rose 1.85 cents to $1.2855 per lb at 11:07 am EDT (1507 GMT). Session range from $1.2625 to $1.2910. Arabica coffee futures turned up on investor buying as the US dollar reversed lower, said brokers.
March raw sugar contract fell 0.67 cent or 2.7 percent to 23.97 cents per lb at 11:07 am. Trading range from 23.68 to 24.75 cents. Sugar sank on investor liquidation, said traders. Benchmark December cocoa contract dropped $94 or 3 percent to $2,998 per tonne by 11:08 am. Session range from $2,975 to $3,083. US cocoa futures continued down on fund long liquidation and the weak sterling against the dollar, said traders.

Copyright Reuters, 2009

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