March NY world sugar #11 (SBH25) Thursday closed up +0.17 (+0.77%), and December London ICE white sugar #5 (SWZ24) closed up +7.10 (+1.28%). Sugar prices posted moderate gains Thursday as a rally in the Brazilian real ([^USDBRL](https://www.barchart.com/forex/quotes/%5EUSDBRL/overview)) to a 2-1/2 week high against the dollar prompted short covering in sugar futures. The stronger real discourages export selling from Brazil’s sugar producers. Sugar has been under pressure recently, with NY sugar posting a 2-week low Monday and London sugar posting a 1-1/2 month low Wednesday on forecasts for be…