Summaries of the ICE Futures US cocoa, coffee and sugar markets during early trade on Monday. July arabica coffee rose 0.40 cent to $1.3120 per lb at 11:06 am EDT (1506 GMT). Ranging from $1.3160 to $1.3060, the lowest intraday level for the second-position contract since March 16. Futures bounced off a five-week low after hitting technical support, said traders.
July raw sugar surged 0.59 cent, or 3.7 percent, to 16.77 cents per lb by 11:09 am. Range from 16.20 cents to 16.90 cents. Sugar up on investor short-covering coming off Friday's sell-off, but spot contract trading on an inside-day basis amid light business, said traders. July cocoa fell $32 to $2,956 per tonne at 11:08 am. Session range from $2,928 to $2,980. Futures retraced Friday's gains, falling along with the pound and commodity complex, said traders.
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