ICE sugar strengthened on July 2nd, and Arabica coffee futures rose more than 1%.

Intercontinental exchange (ICE) Arabica coffee futures rose more than 1% on Wednesday, the second day in three days, on speculation that Brazilian production may be more affected by the drought than the data and the harvest so far suggest.

Raw sugar futures also rose, with Brazilian sugar industry group Unica releasing crushing data later this month.

Cocoa futures fell slightly, weighed down by strong delivery in C ô te d'Ivoire, hitting a three-year high on Monday.

September Arabica coffee futures closed 2.35 cents, or 1.4% higher, at $1.7330 a pound, hitting an intraday high of 1.7430.

Traders see the next resistance for September contracts at $1.8490, an one-month high hit on June 27, with support expected at $1.70.

ICE- 's October raw sugar contract closed 0. 07 cents, or 0. 4% higher, at 17. 87 cents.

London International Financial Futures and options Exchange (LIFFE)-August sugar contract closed up $1.40, or 0.3%, at $467.50 a tonne.

The ICE- September cocoa contract closed down $2 at $3117 a tonne, while Liffe- September cocoa futures closed down £4, or 0.2 per cent, at £1931 a tonne.

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