Raw sugar prices fall as Brazilian crop outlook improves
Adds background, updates prices
LONDON, Nov 5 (Reuters) -Raw sugar futures fell on Tuesday, weighed down by an improving outlook from the next sugarcane harvest in Brazil after recent rains.
SUGAR
* March raw sugar SBc1 lost 0.55% to 21.81 cents per lb by 1608 GMT.
* Dealers said there had been good rainfall in Centre-South Brazil, the most important region for sugarcane, potentially improving the outlook for the next crop.
* Brazilian millers believe that sugar prices need to rise and stay high for a longer period to allow for investments in new plants.
* December white sugar LSUc1 fell 0.5% to $552.80 a metric ton.
COCOA
* March London cocoa LCCc2 was down 0.2% at 5,393 pounds a ton, falling further from the previous session's 2-1/2 month high of 5,500 pounds.
* Dealers said the market had derived support from the slow pace of sales by farmers in Ghana, though port arrivals in top grower Ivory Coast are running well above levels this time last year.
* March New York cocoa CCc2 was up 0.2% at $6,976 a ton, boosted partly by a weaker dollar.
COFFEE
* December arabica coffee KCc1 gained 1.5% to $2.4960 per lb, extending the market's rebound from Friday's two-month low of $2.4130.
* Dealers said a slowdown in selling by Brazilian producers after the recent decline in prices had helped the market to regain some ground.
* Rains in Brazil have, however, aided coffee tree flowering and improved the outlook for next year's crop.
* January robusta coffee LRCc2 rose 0.9% to $4,358 a ton.
Reporting by Nigel Hunt
Editing by Barbara Lewis and David Goodman
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