
March NY world sugar #11 (SBH26) on Monday closed up +0.22 (+1.42%), and December London ICE white sugar #5 (SWZ25) closed up +7.90 (+1.80%).
Sugar prices rallied on Monday due to strength in the Brazilian real and strong sugar demand from China. The Brazilian real (^USDBRL) rallied to a 1-week high against the dollar on Monday, discouraging sales from Brazil's sugar producers. Also, China's Sep sugar imports rose +36% y/y to 550,000 MT.