Soft commodity markets were marginally easier in slow, post-Christmas trade on Monday and business may stay slow because many players are away through the year-end holidays, analysts said. New York soft commodity markets were shut Friday for Christmas. The benchmark March raw sugar contract on ICE Futures US was down 0.53 cent at 33.45 cents per lb at around 10:10 am EST (1510 GMT).
Last Thursday, raw sugar ended at a 30-year settlement high of 33.98 cents, basis March. The benchmark March cocoa contract slipped $5 to $3,015 per tonne at 10:10 am. The March arabica coffee contract fell 0.95 cent to $2.3495 per lb at 10:10 am.