date:Mar 04, 2016
Raw sugar futures extended gains to an eight-week high on Wednesday, with supplies tightened by drought-hit crops in Thailand and India, and the prospect of increased use of Brazilian cane by the ethanol sector, dealers said.
Arabica coffee futures turned higher on Wednesday after buying emerged just above contract lows for the second consecutive day while London cocoa retreated from a four-week high set earlier this week.
May raw sugar settled up 0.28 cent, or 2 percent, at 14.67 cents per lb