SOFTS-ICE sugar hovers above 3-year low, robustas dip
* Goldman Sachs 3-month sugar price forecast 17.5 c/lb
* Robusta coffee hits 17-month low
(Adds details, quotes, updates prices)
LONDON, June 12 (Reuters) - ICE raw sugar futures steadied above a three-year low on Wednesday as traders digested data showing Brazil's harvest remained on track for a record cane crush.
Robusta coffee slid to a 17-month low, while arabica coffee held above a near four-year low, with both markets pressured by ample supply. Cocoa was little changed.
July raw sugar on ICE eased 0.02 cent or 0.1 percent at 16.27 cents per lb at 1138 GMT, above the previous session's three-year low of 16.18 cents.
Unica, Brazil's cane industry association, published figures on Tuesday showing an increase in the allocation of cane to ethanol over sugar in the second half of May.
"It was slightly lower than expected in terms of the cane crushed," a London-based broker said.
"Everyone's now expecting a big number for the next two weeks. There's no rain due for the next three or four days ... there's nothing to get bullish about," the broker added.
August white sugar on Liffe was up 40 cents or 0.1 percent at $476.80 a tonne.
Ample global supplies are expected to keep prices under pressure in the coming months.
"A record large Center/South Brazilian sugarcane harvest will likely keep the global sugar market in a surplus for the third consecutive year in 2013/14," Goldman Sachs said, keeping its three-month and six-month forecasts at 17.5 cents per lb.
September robusta coffee futures on Liffe slid $17 or 0.9 percent to $1,805 a tonne, having earlier touched a fresh 17-month low basis second month of $1,773.
Dealers said prices could fall further in the near term, noting that speculators held a net short position on the Liffe market.
"The shorts that have established have a growing sense of confidence, the market continues to move in their direction," said Alex Parry, a coffee broker at ABN Amro Markets.
"Vietnam are widely regarded as sub-$1,700 for (sell) stops, so if you get it down there, the market could have a bit of a run."
Dealers and analysts said the expected large crop from top grower Brazil was keeping arabica prices on the defensive.
September arabica coffee futures on ICE edged up 0.20 cent or 0.2 percent to $1.2980 per lb. The second-month fell to $1.2715 per lb on May 31, its lowest level since September 2009, as plentiful supplies weighed.
"We see risks are skewed to the downside if the larger Brazilian crop and record large East Africa production bring the arabica market into another surplus in 2013/14," Goldman Sachs said in a commodities note.
"Potential for prices to rebound from their current levels include still relatively low global inventories, the potential for further cuts to Central American production or Brazilian farmer holding supplies off the market."
The bank's three-month and 12-month price forecasts pegged arabica at $1.45 per lb.
September cocoa futures on Liffe were down 8 pounds or 0.5 percent at 1,546 pounds ($2,400) a tonne, against a backdrop of favourable weather in West African growing regions.
ICE September cocoa futures were down $4 at $2,360 a tonne.
Prices on ICE rose sharply last week, boosted partly by a decline in the dollar.
($1 = 0.6411 British pounds)
(Additional reporting by David Brough; editing by Jane Baird)