LONDON, Nov 17 (Reuters) - Raw sugar futures fell on Thursday after hitting a seven-month high in the previous session on concerns over Indian supplies, while arabica coffee slid to a 15-month low.
The weakness of Brazil's real currency helped to drive down prices of both sugar and coffee.
A weak real encourages selling of dollar-priced commodities in Brazil by raising returns in local currency terms.
SUGAR
* March raw sugar fell 2.2% to 19.83 cents per lb at 1422 GMT after climbing to a seven-month peak of 20.44 cents on Wednesday.
* Dealers said the market was technically overbought after its recent strong advance, so the decline was not unexpected, while funds also appeared to be taking a breather after a recent buying spree.
* March white sugar fell 2.3% to $532 a tonne.
* Indian mills have produced 2 million tonnes of sugar so far in the season that began on Oct. 1, the Indian Sugar Mills Association said, almost unchanged from a year earlier.
COFFEE
* March arabica coffee fell 1.6% to $1.5580 per lb, having touched a 15-month low of $1.5405.
* Fitch Solutions said the market might have further to fall in the near term as global demand softens and supplies improve in top producer Brazil.
* The current weakness of the Brazilian real and Colombian peso will also continue to encourage U.S. dollar-denominated export sales, it said.
* Also weighing on coffee, ICE certified stocks rose to 485,369 bags as of Nov. 16, well above a 23-year low of 382,695 bags set on Nov. 3. There were 577,099 bags pending grading.
* January robusta coffee fell 0.8% to $1,763 a tonne.
COCOA
* March New York cocoa fell 1.5% to $2,464 a tonne.
* March London cocoa fell 0.4% to 1,948 pounds a tonne. (Reporting by Maytaal Angel and Nigel Hunt Editing by Devika Syamnath and David Goodman )
