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ICE Arabica coffee hits fresh five-week lows; raw sugar eases

Arabica coffee futures on the ICE exchange hit fresh five-week lows on favourable weather and upbeat supply prospects. Raw sugar slid off 16-month peaks from the prior session.

CKC

Arabica coffee futures on the ICE exchange hit fresh five-week lows on Thursday on favourable weather and upbeat supply prospects, while raw sugar slid from 16-month peaks hit in the prior session.COFFEE* Arabica coffee ICEUS:KC1! was down 0.8% at $2.9560 per lb at 1324 GMT after hitting a fresh fi…