Raw sugar falls 2.3% to one-month low of 18.39 cents
ICE raw sugar futures fell 2.3% to 18.62 cents per pound by 1212 GMT, after setting a one-month low of 18.39 cents. Funds scaled back long positions; cocoa prices also fell.
Raw sugar futures on ICE fell to a one-month low on Tuesday, extending recent losses, as funds scaled back long positions, while cocoa prices also fell.SUGAR* Raw sugar ICEUS:SB1! dropped by 2.3% to 18.62 cents per lb by 1212 GMT after setting a one-month low of 18.39 cents.* Dealers said the mark…