Ice futures europe sugar
May NY world sugar #11 (SBK20) on Friday closed up +0.08 (+0.69%), and May London white sugar #5 (SWK20) closed up +0.90 (+0.25%). Sugar prices this morning are moving higher as strength in crude oil has sparked short covering in sugar futures. Crude oil prices on Friday rose nearly +2% and consolidated modestly above Monday's 4-year low.