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Macro

Sugar, Coffee, Cocoa Futures Fall on Thursday

ICE raw sugar futures fell 3.80% and white sugar dropped 2.66% at Thursday’s New York close. Arabica coffee fell 1.42%, robusta coffee 1.15%, and New York cocoa 2.12% to $6,140/tonne. ICE cotton declined 2.79%, while Chicago canola rose 0.48%.

Original source

AI take

The synchronized pullback across soft commodities suggests broad profit-taking or macro-driven selling rather than crop-specific shocks, given the lack of fundamental news in the item. The slide matters for traders and supply-chain participants exposed to these markets, as sharp daily moves in sugar and cotton signal elevated volatility. What is worth watching is whether the declines extend across sessions or prove a temporary correction, and whether cocoa's drop to the noted price level holds as a support zone. The modest gain in canola highlights that the selloff is not uniform, leaving room for selective market behavior.

Generated by AI for reference only.

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