LONDON, Feb 24 (Reuters) - Arabica coffee futures fell on Monday, dropping further from a record high set this month, while cocoa edged up after the previous session's steep decline.

COFFEE

* Arabica coffee KCc2 was down 1.05% at $3.8505 per lb by 1147 GMT, extending last week's decline.

* Dealers said prices had fallen significantly from a record high of $4.2995 set this month, with funds scaling back long positions and roaster buying interest drying up.

* Robusta coffee LRCc2 was down 1.6% at $5,623 a metric ton.

COCOA

* New York cocoa futures CCc2 rose 1.2% to $9,248 a ton as the market found support after falling 11% on Friday.

* Dealers said fund selling had triggered a sharp decline in prices on Friday against the backdrop of a weak demand outlook.

* Cocoa arrivals at ports in top grower Ivory Coast since the start of the season on October 1 had reached 1.368 million metric tons by February 23, up 17.6% from the same period last season, exporters estimated on Monday.

* London cocoa LCCc2 gained 0.7% to 7,457 pounds a ton.

SUGAR

* Raw sugar futures SBc1 lost 0.3% to 21.25 cents per lb.

* Dealers said the expiry of the March contract on Friday would be a major focus this week.

* Tight global supplies have heightened interest in receiving sugar against the contract and there are early estimates that the volume could be between 1.5 million and 2.0 million tons.

* Speculators reduced their bearish bets in raw sugar futures on ICE U.S. in the week to February 18, the Commodity Futures Trading Commission (CFTC) said on Friday.

* White sugar LSUc1 lost 0.4% to $558.10 a ton.

(Reporting by Nigel HuntEditing by David Goodman)

((nigel.hunt@thomsonreuters.com; +44 (0) 7990 561421; Reuters Messaging: nigel.hunt.thomsonreuters.com@reuters.net))