
March NY world sugar #11 (SBH25) Monday closed down -0.01 (-0.05%), and March London ICE white sugar #5 (SWH25) was unchanged.
Sugar prices Monday extended their 2-week slide, with NY sugar posting a 2-1/2 month low and London sugar posting a 3-week low. Weakness in the Brazilian real (^USDBRL) weighed on sugar prices. The real fell -1.61% Monday, just above last Friday's record low against the dollar. The weaker real encourages export selling by Brazil's sugar producers.