London, May 15: ICE sugar consolidated near a 20 month low on Tuesday, in line with steady commodity markets after a sell-off on Greece's uncertain Euro Zone future in the previous session dragged the CRB commodities price index to a 19-month low.
Arabica coffee was also slightly higher, while cocoa slipped. Raw sugar futures on ICE remained under pressure from the negative macro economic outlook in Europe.
ICE July raw sugar was up 0.22 cent or 1.1 per cent at 20.49 cents a lb at 1023 GMT,. London August White sugar was up $6.60 or 1.2 per cent at $563.70 a tonne.
July arabicas on ICE traded up 1.25 cent to $1.7920/lb, above their 20-month low, basis second month, of $1.7220/lb touched on May 9. London July robusta coffee was up $20 at $2,156 a tonne.
ICE July cocoa was down $4 at $2,257 a tonne.