Raw Sugar Hits One-Month Low as Cocoa and Coffee Also Fall
ICE raw sugar futures fell 3% to 18.49 cents per pound after setting a one-month low of 18.39 cents. Cocoa and coffee prices also declined.
Raw sugar futures on ICE hit a one-month low on Tuesday, extending recent losses as funds scaled back long positions, while cocoa and coffee prices also fell.SUGAR* Raw sugar ICEUS:SB1! dropped by 3% to 18.49 cents per lb by 1413 GMT after setting a one-month low of 18.39 cents.* Dealers said the…