US MIDDAY: sugar climbs

29 Sep, 2010

Raw sugar futures touched a fresh seven-month high early on Tuesday, supported by tight supplies in Latin America, while arabica coffee futures inched up and cocoa eased. ICE October raw sugar futures traded up 0.02 cent or 0.08 percent at 26.11 cents a lb at 1434 GMT after setting a seven-month high for the front month of 26.55 cents.
ICE March was down 0.22 cent to 24.76 cents a lb at 1406 GMT. ICE March arabica coffee futures were up 2.10 cent or 1.1 percent at $1.8595 a lb. ICE December cocoa traded down $31 or 1.1 percent at $2,808 per tonne.

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