Raw sugar futures rose to a 2-1/2-week high on Monday, with rains slowing the cane harvest in Brazil, while cocoa and coffee prices fell.
SUGAR
* Raw sugar ICEUS:SB1! rose 0.7% to 14.08 cents per lb by 1034 GMT after hitting 14.13 cents, the highest since June 9, earlier in the session.
* Dealers said rains in Centre-South Brazil had slowed crushing activity, and if conditions remain wetter than normal, it could curb sugar production this season.
* They also noted the expiry of the July contract (SBN6) on Tuesday should provide a short-term focus.
* Open interest has been falling steadily, but the delivery is still expected to be well above the July 2025 contract, when only around 45,000 tons were tendered.
* White sugar ICEUS:SF1! gained 0.6% to $466.90 a metric ton.
COCOA
* London cocoa ICEEUR:C2! fell 0.5% to £3,800 a ton after setting a five-month high of £4,014 last week.
* The market remains underpinned by concerns that production in West Africa could fall in the upcoming 2026/27 season, partly due to El Nino weather conditions.
* Dealers said the recent run-up had also been fuelled by short covering by speculators in both London and New York.
* New York cocoa ICEUS:CC1! lost 0.8% to $5,054 a ton.
COFFEE
* Arabica coffee ICEUS:KC1! fell 0.4% to $2.72 per lb.
* Dealers said recent rains in Brazil have slowed harvest progress and raised some quality concerns although a bumper crop is still anticipated.
* Robusta coffee ICEEUR:RC2! lost 1.2% to $3,583 a ton.