Raw sugar futures hit a sixmonth low as funds reacted to technical sell signals and liquidated long bets, and analysts predicted a record crop next year.

March raws were down 0.2 cents at 18.42cents a pound at 1148 GMT. March white sugar futures were down $2.8 at $496.4/tonne.

Fundamentals added to a bearish outlook, with sugar production expected to rise to a record level in 2017/18,leading to a small global surplus following two deficit seasons, according to Sucden.

Robusta coffee edged higher as rainfall in Vietnam slowed the harvest in the world’s top robusta producer. March robusta was up $11 at $2,057 a tonne. March arabica coffee was off 0.15 cent at $1.4270/lb.

Cocoa futures turned down again after two days of gains. March New York cocoa was down $18 at $2,271. March London cocoa was down £7 at £1,816 a tonne.