Brazil's centre-south sugar exports from January through April are seen at a maximum 2.7 million tonnes, compared with the 4.9 million tonnes exported over the same period last year, analysts Datagro said Friday. Cocoa futures were lower, weighed partly by a strong pound. Sterling rose on Monday, hitting a four-month high against the euro on a strong UK house price survey while concerns about Greek fiscal health dented the single currency.
Robusta coffee futures were slightly down in thin early trading with ICE markets closed for Martin Luther King Jr. Day. They will reopen on Tuesday. March white sugar on Liffe rose $6.40 or 0.9 percent to $730.00 per tonne by 0934 GMT. The contract climbed to a peak of $748.00 earlier this month, a record high for the front month.
London March robustas slipped $9 or 0.7 percent to $1,366 per tonne. May cocoa on Liffe eased 19 pounds to 2,286 pounds a tonne. London March robusta coffee support seen at $1,366 a tonne, resistance $1,420. London March white sugar support $700.00 per tonne, resistance $748.00. London May cocoa support at 2,200 pounds, resistance 2,350 pounds.