Sugar Futures Rise 0.7% as Brazil Rain Forecast Worsens Supply Outlook
ICE raw sugar settled up 0.13 cent, or 0.7%, at 19.47 cents per lb. Arabica coffee hit a one-month low.
Raw sugar futures on ICE rose on Thursday as supply prospects worsened with more excess El Nino-linked rains forecast in top grower Brazil, while arabica coffee hit a one-month low.SUGAR* Raw sugar ICEUS:SB1! settled up 0.13 cent, or 0.7%, at 19.47 cents per lb, extending its recovery from Monda…