Sugar Falls on Ample Supplies; Orange Juice, Cocoa Drop

Sugar futures fell on speculation that sales by producers will cap rallies amid signs of lower import demand from China. Orange juice, cocoa and coffee dropped, while cotton rose.

Output in the main growing region in Brazil, the world’s biggest sugar producer, will rise to 603 million tons this season from 532.6 million a year earlier, Canaplan, a research company based in Sao Paulo, said last week. The China Sugar Association said today that the government plans to boost stockpiles with purchase of domestic supplies, reducing prospects for higher imports.