Raw Sugar Hits 19-Month High; Arabica Coffee Jumps 4%
Raw sugar futures on ICE rose to a 19-month high on Tuesday as more rain is forecast in Brazil, the top producer. Separately, arabica coffee futures jumped 4%.
Raw sugar futures on ICE climbed to a 19-month high on Tuesday as more rain was forecast in top producer Brazil, while arabica coffee futures jumped 4%. SUGAR* Raw sugar ICEUS:SB1! 95 cents. Dealers said more rain in Brazil weighed on the market.