LONDON Feb 8 (Reuters) - Raw sugar, cocoa and arabica coffee futures on ICE rose in early trade on Wednesday, buoyed by a weaker dollar and an improved risk appetite linked to hopes a second bailout of Greece was close. SUGAR * Sugar prices were slightly higher although the market continued to lack any clear overall trend. * March raw sugar futures on ICE stood 0.25 cent or 1.0 percent higher at 24.64 cents a lb at 0927 GMT. * A bullish target at 25.01 cents per lb is unchanged for New York sugar as it is riding on a powerful wave "C", according to Reuters analyst Wang Tao. * Brazilian dockers are considering a 24-hour work stoppage on Wednesday that would halt movement at the country's largest port, Santos, and five other key docks, in a dispute over working conditions and a financially-troubled pension fund. * London March white sugar futures rose $2.60 or 0.4 percent to $649.50 per tonne. * A dispute over ownership led to production at Syria's National Sugar Co. being stopped, according to a statement by the holding company's minority shareholders, which denied the stoppage was caused by poor security conditions in the troubled country. COCOA * Cocoa futures on ICE were also higher in early trade with March up $19 or 0.8 percent to $2,292 a tonne. * New York cocoa is still expected to rebound into a range of $2,369-$2,399 per tonne, even following its failure to do so on Tuesday, according to Reuters analyst Wang Tao. * Cocoa farmgate prices rose in Ivory Coast last week as dealers scrambled for supply amid declining output from rain-starved, wind-blown plantations and as smuggling continued into Ghana. COFFEE * Arabica coffee futures on ICE edged up with March up 0.4 cent or 0.2 percent at $2.21355 per lb. * New York coffee will quickly rise towards $2.2750 per lb as it is riding on a fierce wave "3", according to Reuters analyst Wang Tao.. * May robusta coffee on Liffe rose $3 or 0.2 percent to $1,879 a tonne. OTHER MARKETS * The euro was at eight-week high and European shares rose on Wednesday on hopes that a deal on a second bailout for Greece was close, shrugging off data illustrating the damage the debt crisis has done to the region's economy. * U.S. crude futures gained $1 on Wednesday, bolstered by a sharp drop in U.S. crude inventories. * The euro rose to multi-week highs versus the dollar and the yen on Wednesday as hopes that Greece would agree on austerity measures needed to secure a second bailout boosted sentiment and forced speculators to trim shorts in the common currency. (Reporting by Nigel Hunt; editing by James Jukwey)

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