Raw sugar futures on ICE rose sharply on Friday on trade and fund buying but remained well short of last week's 30-year peak in volatile trading. Prices had eased early in the session but suddenly surged in a trade-led rally. March raw sugar rebounded from a low of 29.58 cents to a peak of 32.10 cents and at 1640 GMT stood 1.25 cents or 4.1 percent higher at 31.49 cents a lb.
May cocoa on ICE rose $19 to $2,871 a tonne. May arabicas on ICE eased 0.30 cent or 0.1 percent to $2.3435 per lb.