Raw sugar rebounds after 3-1/2-week low; cocoa recovers
Raw sugar futures on ICE rose after a 3-1/2-week low, settling up 0.7% at 17.48 cents per lb. Cocoa bounced off a near six-week trough.
Raw sugar futures on ICE rose on Monday, recovering after earlier in the session setting a 3-1/2-week low, while cocoa rebounded from a near six-week trough. ICE raw sugar ICEUS:SB1! settled up 0.12 cent, or 0.7%, at 17.48 cents per lb after falling to 17.26 cents, a 3-1/2-week low.