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SOFTS-Raw sugar futures edge up, coffee and cocoa also rise

(Adds comment, updates prices with settlement prices) NEW YORK, March 8 (Reuters) - Raw sugar futures on ICE rose marginally on Friday, holding just above the prior session's two-month low, with weakness in crude oil prices keeping a lid on the market.


* May raw sugar was settled up 0.04 cent, or 0.33 percent, at 12.18 cents per lb. The front month dipped to a two-month low of 12.08 cents on Thursday.

* The contract was down 3.5 percent on the week.

* Dealers said a decline in Brazil's real contributed to this week's losses and a slight recovery in the currency against a broadly weaker dollar on Friday provided some support.

* "After some pretty big moves this week, the market is just consolidating," said Jack Scoville, a futures analyst at Price Group.

* Weakness in crude oil remained a bearish factor.

* Oil prices dropped more than 3 percent on Friday on a worsening economic outlook after the European Central Bank warned of continued weakness and fresh data showed U.S. job growth almost stalled in February.

* May white sugar settled up $1.3, or 0.39 percent, at $338.5 per tonne.


* May arabica coffee settled up 1.65 cents, or 1.7 percent, at 98.5 cents per lb., also deriving support from the strengthening in Brazil's real currency against the dollar.

* The contract was down 1.9 percent on the week.

* Coffee was primarily currency driven, dealers said.

* A stronger real cuts dollar-denominated prices in local-currency terms and can deter producer selling.

* May robusta coffee settled up $25, or 1.6 percent, at $1,530 per tonne.

* Vietnam, the world's top robusta producer, exported 115,112 tonnes, or 1.92 million 60 kg bags, of coffee in February, down 37.3 percent from January, customs data released on Friday showed.


* May London cocoa settled up 20 pounds, or 1.21 percent, at 1,671 pounds per tonne.

* Dealers said one of the main talking points was a widening in the front month's premium to May this week to about 32 pounds <LCC-1=R> from around 19 pounds at the end of last week.

* They noted talk the trend may reflect interest from one trade house to take delivery of a substantial tonnage when the front expires on March 14.

* May New York cocoa settled up $16, or 0.73 percent, at $2,198 per tonne, pulling away from Tuesday's 2-1/2-month low of $2,143.

* The contract gained slightly in light volumes, regaining after bearish news from the European Central Bank in Thursday's trading session.

(Reporting by Nigel Hunt and Jessica Resnick-Ault; Editing by David Goodman, Dale Hudson and Will Dunham)