
March NY world sugar #11 (SBH26) today is up +0.12 (+0.85%), and December London ICE white sugar #5 (SWZ25) is up +1.50 (+0.36%).
Sugar prices recovered from early losses today and moved higher as strength in the Brazilian real sparked short covering in sugar futures. The real (^USDBRL) climbed to a 4-week high against the dollar today, discouraging export sales from Brazil's sugar producers.