SOFTS-ICE coffee edges higher; cocoa rallies on bargain-hunting

jueves 13 de marzo de 2014 14:43 GYT

* Arabica crawls toward 2-yr high on Brazil weather worries

* C. America leaf rust losses may be less than expected -ICO

* Cocoa recovers previous day's sharp losses

* China's industrial output growth below forecasts (New throughout, updates with closing prices; adds byline, NEW YORK dateline)

By Chris Prentice and David Brough

NEW YORK/LONDON, March 13 (Reuters) - ICE arabica coffee futures rose and traded near a two-year high on weather-related crop concerns in top grower Brazil, while cocoa rallied the most since January and recovered the previous day's sharp losses on bargain-hunting.

Raw sugar on ICE Futures U.S. edged up, consolidating after the previous session's sharp rout.

Concerns over Chinese growth capped upside potential across commodities markets. China's industrial output growth came in below forecasts for the combined January/February period, with retail sales also weaker than expected, stoking worries that growth could slow as Beijing pushes for economic reforms

In coffee, second-month May arabica futures on ICE finished the day up 0.65 cent, or 0.3 percent, at $2.0595 per lb, hovering below Wednesday's two-year peak of $2.0975.   Continuación...