ICE cocoa futures were little changed early on Monday, despite tension in top grower Ivory Coast after Sunday's presidential run-off election, while sugar edged up with the support of tight supplies. ICE arabicas edged higher, with upside limited by a strengthening dollar after EU finance ministers endorsed a rescue package for Ireland.
Cocoa markets reversed earlier gains to take in their stride the tense atmosphere in Ivory Coast. Cocoa futures on ICE dipped, with March down $31 at $2,763 a tonne at 1523 GMT. ICE March raw sugar was up 0.11 cent to 28.36 cents a lb at 1520. ICE March arabicas were up 0.30 cent to $2.0300 per lb at 1525 GMT.