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Raw sugar futures climb to 18-month high

Raw sugar futures on ICE rose to an 18-month high on Thursday, boosted by crop concerns in several major producers. The market was trading up 1.2% at 18.84 cents per lb, after reaching a peak of 19 cents.

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Raw sugar futures on ICE climbed to an 18-month high on Thursday, supported by crop concerns in several major producers, while coffee and cocoa prices eased. SUGAR* Raw sugar ICEUS:SB1! 84 cents per lb by 1344 GMT after reaching an 18-month high of 19 cents. Dealers said the market was…