Sugar fell in New York and London on speculation increased exports may be allowed from India, the world’s second-largest producer. Coffee rose in London. India may consider a demand from mills for exports of 500,000 tons of sweetener at a meeting of a panel of ministers today, a government official, who declined to be identified, said two days ago. Sugar production in India may increase at least 6 percent to 26 million metric tons next year, a Bloomberg survey of 10 producers and traders showed last month. “We are awaiting news on India’s potential release of 500,000 metric tons,” Nick Penney, an analyst at Sucden Financial Ltd. in London, said in a report today. Raw sugar for October delivery fell 0.46 cent, or 1.6 percent, to 27.62 cents a pound at 7:59 a.m. in New York on ICE Futures U.S. White, or refined, sugar for October delivery slid $16.70, or 2.2 percent, to $733 a ton in London. Coffee rose to the highest price in nearly one month in London as European stockpiles in warehouses monitored by the NYSE Liffe exchange fell for a second two-week period in a row. Robusta coffee inventories with grading certificates came to 404,470 metric tons as of Aug. 8, down 1.4 percent from two weeks earlier, NYSE Liffe’s figures showed yesterday. Stocks fell 1.7 percent in the two weeks before, the data showed. “I expect robusta to keep firming into Q4, particularly as roasters return from holidays to start preparing for the winter peak coffee demand,” Kona Haque, an analyst at Macquarie Group Ltd. in London, said by e-mail today. “Origin supplies will still be scant at that point, and roasters may have to turn to the exchange’s stocks in order to get their coffee.” Arabica coffee for December delivery fell 0.3 cent, or 0.1 percent, to $2.4375 a pound in New York. Robusta coffee for November delivery climbed $64, or 2.9 percent, to $2,284 a ton in London. Cocoa for December delivery advanced $8, or 0.3 percent, to $2,894 a ton on ICE. Cocoa for December delivery was up 2 pounds, or 0.1 percent, at 1,849 pounds ($3,007) a ton in London. To contact the reporter on this story: Isis Almeida in London at ialmeida3@bloomberg.net To contact the editor responsible for this story: Claudia Carpenter at ccarpenter2@bloomberg.net.

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