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RTRS:NY sugar, coffee and cocoa softer in early trade
 
(Reuters) - Raw sugar, arabica coffee and cocoa futures turned lower Thursday due to early investor sales.

For news on other financial markets, please click on:

] 7:27 AM LAST NET PCT LOW HIGH CURRENT

TRADE CHNG CHNG VOL Sugar MAY 24.25 -0.01 0.0% 24.22 24.41 4,324 Sugar JUL 23.39 -0.02 -0.1% 23.35 23.54 4,197 Cocoa MAY 2,275 -20 -0.9% 2,275 2,297 1,196 Cocoa JUL 2,302 -19 -0.8% 2,302 2,322 688 Coffee MAY 181.15 -0.85 -0.5% 181.05 183.25 1,861 Coffee JUL 183.70 -1 -0.5% 183.70 185.90 1,178 TOTAL MARKET VOLUME

CURRENT 30D AVG 250D AVG ICE SUGAR 12,303 113,650 88,516 ICE COCOA 2,546 23,774 19,013 ICE COFFEE 3,550 24,502 19,769

* Raw sugar futures for May fell 0.01 cent to 24.25 cents a lb in volume of 4,324 lots, trading in a range of 24.22 to 24.41. July fell 0.02 cent to 23.39 cents a lb.

* Cocoa futures for May fell $20 to $2,275 a tonne in volume of 1,196 lots, trading in a range of $2,275 to $2,297. July fell $19 to $2,302 a tonne.

* Arabica coffee futures for May fell 0.85 cent to $1.8115 a lb in volume of 1,861 lots, trading in a range of $1.8105 to $1.8325. July fell 1.00 cent to $1.8370 a lb.

MARKET NEWS

* For more details in the daily softs market report, please click on:

FUNDAMENTALS

* Premiums for Indonesian coffee jumped to their strongest in a month because of the slow progress in the current harvest while Vietnam beans changed hands at a discount to London robusta futures.

* The amount of cocoa stored in ICE Futures U.S. licensed warehouses exceeded 5.3 million bags on March 27, the highest in five years.

ECONOMY

* Germany's March unemployment rate fell to 6.7 percent from 6.8 percent in February.

* The March euro zone economic sentiment index fell 0.1 to 94.4, compared with the expected 94.6.

* Final fourth quarter U.S. GDP at 0830 EDT (1230 GMT) is seen unchanged from February's second estimate at 3.0 percent.

* U.S. initial jobless claims at 0830 EDT are expected at 350,000, up from last week's 348,000.

MARKETS

* Global stocks dipped after disappointing U.S. data tempered the outlook for the world's biggest economy while the price of oil stabilized following some sharp losses.

* The euro fell against the dollar as concerns about contagion from the euro zone debt crisis overshadowed a solid Italian bond auction.

* Gold prices extended a retreat from two-week highs into a third session, as the dollar recovered from a near one-month low and crude oil prices turned lower. (Reporting by Rene Pastor; Editing by Alden Bentley)
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