LONDON, June 17 (Reuters) - Raw sugar futures on ICE fell on Wednesday, giving up some ground after its recent run-up while London cocoa prices fell to the lowest level in more than one year.
* July raw sugar fell 0.16 cents, or 1.3%, at 12.03 cents per lb by 1133 GMT as the market retreated after failing to breach resistance on Tuesday around a three-month high of 12.27 cents set earlier this month.
* Dealers said bearish influences included plentiful monsoon rains in India which have boosted the outlook for cane crops.
* There continued to be concern about shipping delays in Brazil with production in the key Center-South region running sharply above year-earlier levels.
* “The sugar production in the Center-South region of Brazil continues to be very high due to both a good harvest momentum and a high allocation of cane to sugar as ethanol remains depressed,” analysts Agritel said in a note.
* August white sugar fell $2.30, or 0.6%, to $387.60 a tonne.
* September London cocoa fell 27 pounds, or 1.6%, to 1,676 pounds per tonne after dipping to a low of 1,674 pounds, the weakest level since May 2019.
* Dealers said the market was weighed by weak demand and a generally favourable outlook for 2020/21 crops in West Africa.
* September New York cocoa fell $18, or 0.8%, to $2,251 a tonne.
* September arabica coffee fell 0.05 cents, or 0.05%, to 95.55 cents per lb, having hit a nine-month low of 94.55 cents on Monday.
* Dealers said the market remained on the defensive with supplies ample as top producer Brazil harvests a huge crop.
* September robusta coffee rose $4, or 0.3%, to $1,183 a tonne. (Reporting by Nigel Hunt)