Reuters

London, Jan. 21

White sugar futures on Liffe set a 2-1/2 year low on Monday as the market continued to be driven down by abundant sup-
plies, while cocoa fell back to little changed levels after earlier equalling a four-week high. Robusta coffee futures on Liffe
were slightly lower while ICE raw sugar, arabica coffee and cocoa contracts were shut due to a holiday in the US.

March white sugar on Liffe stood $2.20 lower at $489.80 a tonne. Cocoa futures on Liffe fell back slightly after earlier equalling a four-week high with the market underpinned by an improved outlook for grindings.

May cocoa futures on Liffe fell £3 to £1,478 a tonne.

March robusta coffee futures were off $10 at $1,966 a tonne with the market looking to consolidate after last week's run-up.