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Cocoa, coffee and sugar recover from previous session's slump



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Adds comments on coffee, sugar; updates prices

LONDON, Nov 7 (Reuters) - Cocoa, coffee and sugar futures on ICE rose on Thursday, recovering from Wednesday's slump after Donald Trump's election as U.S. president, as the dollar backed off post-election highs .


COFFEE

* December arabica coffee KCc1 settled up 11.65 cents, or 4.7%, at $2.604 per lb​​.

* Dealers said prices were boosted by the upcoming options expiration on Friday, which led some exposed investors to buy futures.

* "The move up broke some technical levels and triggered more buying from algo traders," said Haroldo Bonfa, a coffee hedging advisor with consultancy Pharos.

* Brazil coffee exports increased 12% in October to 4.65 mln bags, the government said.

* January robusta coffee LRCc2 rose 4.2% at $4,486 a metric ton after hitting a 2-1/2 month low on Wednesday.

* Prices in Vietnam edged down this week, though there are concerns about an approaching typhoon that could hinder the picking and drying of beans.

SUGAR

* March raw sugar SBc1 settled up 0.17 cents, or 0.8%, at 22.20 cents per lb.

* Prices are edging higher after falling early on Wednesday along with other commodities under pressure from a stronger dollar.

* Rains continue to fall over Brazil's sugar areas, but crop development is likely to take longer this time because fields are in poor condition.

* Dealers also said that the rains are expected to slow harvest and production in the near term and perhaps bring an early end to the current season.

* Brazilexported 3.73 million tons of sugar in October, the government said, 30% more than a year ago.

* December white sugar LSUc1 rose 1.3% at $562.90 a ton.


COCOA

* March New York cocoa CCc2 settled up $508, or 7.6%, to $7,178 a ton, having lost 4% on Wednesday.

* An expected partial recovery in Ghana's cocoa production this year should lessen supply concerns, though a below-average crop is still expected.

* Dealers noted heavy rains and floods in top producer Ivory Coast and that potential brown rot could mean cocoa port arrivals tail off in December.

* March London cocoa LCCc2 rose 7.1% to 5,640 pounds per ton after falling 2.4% on Wednesday.




Reporting by Maytaal Angel and Marcelo Teixeira
Editing by David Goodman, David Evans and Mohammed Safi Shamsi

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