Sugar Prices Settle Higher as Brazilian Real Strength Spurs Short Covering

March NY world sugar #11 (SBH26) on Monday closed up +0.13 (+0.89%).  March London ICE white sugar #5 (SWH26) closed up +2.50 (+0.60%). Sugar prices rose on Monday as strength in the Brazilian real prompted some short covering in sugar futures.  The real (^USDBRL) rallied to a 3-week high against the dollar on Monday, discouraging export sales from Brazil's sugar producers. More News from Barchart Last Friday, sugar prices fell to 2-week lows on signs of stronger sugar output in India.  The India Suga ...