Sugar Prices Rebound as Brazilian Real Strength Sparks Short Covering

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. More News from Barchart This latest month-long selloff in sugar knocked NY sugar prices to a 5-year nearest-fut ...