Friday, 6 May 2011

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Cocoa, coffee and sugar reel from sell-off

  • Friday, 6 May 2011
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  • * Sugar's ample supply prospects bearish for market * Investors liquidate long positions in ICE cocoa * Dealers expect arabica prices to fall in coming months (Adds details and recasts, changes dateline) By Rene Pastor and David Brough NEW YORK/LONDON, May 5 (Reuters) - Soft commodity futures were pummeled Thursday as the sugar, coffee and cocoa markets were caught up in a commodity-wide



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