US MIDDAY: sugar, coffee and cocoa fall

24 Nov, 2010

ICE sugar, coffee and cocoa futures fell early on Tuesday as the dollar gained after an exchange of fire between North and South Korea and as the euro fell on fears Ireland's debt crisis might lead to problems elsewhere. ICE March raw sugar extended losses as the dollar gained and stood 0.55 cent or 2 percent lower at 25.95 cents a lb at 1458 GMT.
ICE cocoa futures edged lower in light volumes with second-month March down $7 or 0.3 percent at $2,832 per tonne in turnover of 3,068 lots. ICE March arabicas stood at $2.0390 per lb, down 3.25 cent or 1.6 percent.

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