ICE cocoa futures fell for a fourth straight session as the market revised a rally that hit a three-year high last week and London International Financial Futures and options Exchange (LIFFE) cocoa futures also weakened.
ICE- September Arabica coffee futures closed down 1.15 cents, or 0.6%, at $1.7625 a pound, after plunging 2.8% in intraday trading as uncertainty about Brazilian production continued after the January-February drought.
LIFFE- September Robusta coffee futures fell $10, or 0.5%, to close at $1972 a tonne.
ICE- 's September cocoa contract closed down $37, or 1.2%, at $3043 a tonne, rising to $3128 on Thursday, the highest since August 2011.
LIFFE- September cocoa futures fell 13 pounds, or 0.7%, to 1910 pounds a tonne.
ICE- July raw sugar futures fell 0.04 cents, or 0.2%, to 17.81 cents per pound. The contract expires on June 30th.
The Liffe- August white sugar contract closed 30 cents higher, or 0.06 percent, at $490.10 a tonne.
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