Raw sugar futures drop 3.3% after 19-month peak
ICE raw sugar futures retreated from a 19-month high, falling 3.3% to 20 cents after an El Nino-inspired rally was seen as overdone. Coffee also fell.
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Raw sugar drops after setting 19-month peak; coffee and cocoa move lower
ICE raw sugar fell 0.9% to 20.64 cents/lb after a 19-month high of 21.24 cents. White sugar was down 0.95% to $551.20/t; cocoa and coffee also slipped amid weather and supply comments.