Sugar Prices Fall to Lowest Levels in More Than 4 Years

March NY world sugar #11 (SBH26) today is down -0.32 (-2.09%), and December London ICE white sugar #5 (SWZ25) is down -6.70 (-1.53%). Sugar prices today reverted to weakness, with NY sugar falling to a new 4.5-year low and London sugar falling to a new 4.25-year low.  Sugar prices on Thursday staged a temporary recovery when crude oil prices rallied on new US and EU oil sanctions on Russia.  Higher crude oil prices benefit ethanol prices and could prompt the world's sugar mills to divert more cane crushin ...