ICE front-month raw sugar futures extended losses from a 30-year peak as the dollar strengthened early on Thursday and were supported by reports of physical demand and uncertainty over Indian exports in 2010/11. ICE arabica coffee futures reversed early gains having probed near a 13-1/2-year peak, buoyed by tight supplies. ICE front-month raw sugar futures were down 1.08 cent or 3.3 percent to 31.73 cents a lb at 1540 GMT, having earlier touched the 30-year peak of 33.39 cents a lb.
In arabicas, ICE second-month futures erased early gains in volatile trading and fell 2.75 cents or 1.3 percent to $2.1205 per lb, below Wednesday's 13-1/2-year high of $2.2145 per lb. ICE second month cocoa was up $10 at $2,865 per tonne at 1548 GMT.
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