
March NY world sugar #11 (SBH26) on Thursday closed up +0.22 (+1.49%). March London ICE white sugar #5 (SWH26) closed up +4.80 (+1.14%).
Sugar prices settled higher on Thursday after a rally in the Brazilian real (^USDBRL) to a 2.25-month high against the dollar prompted short covering in sugar futures. The stronger real discourages export sales from Brazil's sugar producers.