Sugar Prices Supported by Strength in the Brazilian Real
May NY world sugar #11 (SBK25 ) Tuesday closed up +0.49 (+2.60%), and May London ICE white sugar #5 (SWK25 ) closed up +11.00 (+2.06%). Sugar prices posted sharp gains Tuesday as short-covering emerged in sugar futures after the Brazilian real (^USDBRL ) rose to a 1-1/2 week high against…