Arabica coffee futures hit 10-week low; raw sugar peaks
Arabica coffee futures slid to a 10-week low. Raw sugar prices rose to a 16-month peak, with ICE US KC1 settling down 3.9 cents (1.3%) at $2.8815 per lb.
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Raw sugar edges higher after 16-month peak; arabica coffee falls
ICE raw sugar futures steadied after last week’s 16-month peaks, settling up 0.2% at 18.10 cents per lb. Arabica coffee hit a fresh 5-week low as the market consolidated.