Raw sugar slips on Brazil data; cocoa down 9% in the week
Adds comments on sugar, coffee; updates prices to settlement
NEW YORK, Oct 25 (Reuters) - Raw sugar futures on ICE slipped on Friday as the market reacted negatively to better-than-expected sugar production numbers from Brazil, while Robusta coffee and cocoa hit new lows.
SUGAR
* March raw sugar SBc1 settled down 0.06 cent, or 0.3%, at 22.14 cents per lb. It was little changed in the week.
* Dealers saidBrazil production data by industry group Unica led to the price fall.
* "The (sugar) mix came in slightly higher than expected and the market has been most sensitive to the mix number and for several reports it has been undercutting the estimate. This time it did not and that probably explains the selloff," said the McDougall Global View Sugar Report.
* The sugar mix is the amount of cane mills used to make sugar, compared to ethanol. It was higher-than-expected at 48.7%.
* December white sugar LSUc1 fell 0.6% at $566.20 a metric ton.
COCOA
* December New York cocoa CCc1 settled up $14, or 0.2%, to $6,770 a ton, having hit its lowest in nearly eight months at $6,426 a ton. The contract posted a 9% weekly loss.
* Technical trading signals suggest the contract may fall further to $6,250/ton, according to Thomson Reuters analyst Wang Tao.
* Following heavy rain in much ofIvory Coast, pod counters and exporters are starting to lower their production forecasts for the main cocoa crop due to high flower and cherelle mortality after the October counts, they said Friday.
* March London cocoa LCCc2 rose 1.5% to 4,816 pounds per ton, having hit a two week low earlier of 4,619 pounds.
COFFEE
* January robusta coffee LRCc2 settled up $74, or 1.7%, at $4,411 a ton, having hit its lowest since mid-August earlier at $4,296. It lost 4% in the week.
* Coffee prices in top robusta producer Vietnam fell this week, with demand still poor as traders remain cautious.
* Dealers, however, noted that October rainfall in Vietnam has fallen below average, which is less than ideal for crop development.
* The harvest is delayed meanwhile, they said, citing new coffee varieties that ripen later and farmers encouraging cherry maturation with enhanced fertilization.
* December arabica coffee KCc1 rose 1.2% at $2.484 per lb. The contract lost 3.4% in the week.
Reporting by Maytaal Angel and Marcelo Teixeira; editing by Nina Chestney and David Gregorio
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