SOFTS-Raw sugar turns higher, arabica falls on currency pressure
* Raw sugar volume more than double the average
* Arabica open interest falls from record high
* Cocoa trade eyes next week's grind data (Rewrites paragraph 1, updates prices; adds broker comment, second byline, NEW YORK dateline)
By Marcy Nicholson and David Brough
NEW YORK/LONDON, April 7 (Reuters) - Raw sugar futures on ICE rallied on Tuesday, turning higher on heavy May/July spreading and concern that nearby supplies may be tightening, while the rallying U.S. dollar pushed arabica coffee futures down from a six-week high.
New York cocoa fell on pressure from the strong U.S. dollar , breaking a four-day streak higher.
The ICE Futures Europe markets reopened after shutting for a four-day long Easter weekend.
Raw sugar futures turned higher on a lack of follow-through selling, traders said.
May raw sugar futures on ICE settled up 0.23 cent, or 1.8 percent, at 12.77 cents a lb. Total volume exceeded 216,000 lots, more than double the 250-day average, preliminary Thomson Reuters data showed. Continuación...