Raw sugar drops after setting 19-month peak; coffee and cocoa move lower

LONDON, Oct 7 (Reuters) — Raw sugar futures on ICE turned lower on Wednesday after scaling a 19-month peak, with the recent strong run-up in prices contributing to weakness in demand in the physical market. Sugar Raw sugar fell 0.9% to 20.64 cents per lb by 1131 GMT, after earlier setting a 19-month high of 21.24 cents Dealers said rains in Brazil were delaying the cane crush in the Centre-South region and were likely to reduce sugar production this season The El Nino weather event was also seen to curb production of the sweetener, particularly in Asia White sugar lost 0.95% to $551.20 a metric ton Cocoa London cocoa rose 0.4% to £4,248 ($5,611.61) per ton Dealers noted forecast rains should improve the outlook for crops in top grower Ivory Coast "Upcoming rains will significantly ease drought concerns in Ivory Coast's main cocoa crop but may not fully support young pod recovery," LSEG Research and Insights said in a note New York cocoa lost 0.5% to $5,673 a ton Coffee Arabica coffee fell 2.7% to $2.9635 per lb, erasing much of the prior session's steep gains Dealers said the strong pace of exports from top producer Brazil had ensured there are currently ample supplies Brazil's green coffee exports in September totalled 235,800 metric tons, or 3.93 million 60-kg bags, the highest volume in 20 months, according to government data published on Tuesday Concerns that the El Nino event will curb global output in the 2027/28 season, however, continued to underpin prices while certified exchange stocks also remain low Robusta coffee lost 1.6% to $3,533 a ton ($1 = £0.76) (Reporting by Nigel Hunt; Editing by Joyjeet Das) ((nigel.hunt@thomsonreuters.com; +44 (0) 7990 561421; Reuters Messaging: nigel.hunt.thomsonreuters.com@reuters.net)