LONDON, April 26 (Reuters) – Uncooked sugar futures on ICE have been greater on Monday, climbing again up in direction of the prior session’s close to two-month peak, with the market supported by dry climate in Brazil which appears to be like set to curb cane manufacturing within the 2021/22 season.
SUGAR
* Could uncooked sugar SBc1 was up 0.13 cents, or 0.8%, at 17.04 cents per lb by 1119 GMT after peaking at 17.08 cents on Friday, its highest since Feb. 26.
* Sellers stated the discharge by business group UNICA of cane and sugar manufacturing information for the Centre-South of Brazil this week would offer a short-term focus because the market seeks to evaluate the scenario.
* The info will cowl the primary half of April.
* Cash managers and hedge funds added greater than 40,000 contracts to their bullish guess in uncooked sugar futures on ICE.
* August white sugar LSUc1 rose by $1.30, or 0.3%, to $462.50 a tonne.
COFFEE
* July arabica espresso KCc2 rose by 0.2 cents, or 0.1%, to $1.3870 per lb. The benchmark second place peaked at $1.4020 on Friday, its highest since Feb. 25
* Sellers stated the market was supported by the prospect of tightening provides as Brazil harvests a smaller crop this yr, an off-year in its biennial cycle, and demand begins to revive in the USA and Europe.
* July robusta espresso LRCc2 rose by $2, or 0.1%, to $1,418 a tonne.
COCOA
* July New York cocoa CCc2 rose by $1, or 0.04%, to $2,451 a tonne.
* Sellers stated ample provides continued to maintain a lid on costs.
* Cocoa arrivals at ports in prime grower Ivory Coast reached 1.846 million tonnes by April 25 for the reason that begin of the season on Oct. 1, exporters estimated on Monday, up 7.5% from 1.718 million tonnes over the identical interval final season.
* July London cocoa LCCc2 fell by four kilos, or 0.2%, to 1,643 kilos a tonne.
(Reporting by Nigel Hunt, modifying by Ed Osmond)
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