* Volumes pick up as ICE raw sugar drops to 14.43 cts/lb
* Huge Brazilian output, global inventories pressure sugar
* ICE coffee drops the most since May in late-day sell-off (Adds market comment on coffee; updates with closing sugar, coffee prices, milestones)
By Luc Cohen and David Brough
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Read more: ICE raw sugar hits June 2010 lows, arabica coffee plunges
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