Strength in Crude Oil Pushes Sugar Prices Higher

March NY world sugar #11 (SBH25 ) Wednesday closed up +0.24 (+1.14%), and March London ICE white sugar #5 (SWH25 ) closed up +2.10 (+0.39%). Sugar prices Wednesday posted moderate gains, with London sugar recovering from a 1-month low. Short covering emerged in sugar futures Wednesday after WTI crude oil…