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July NY world sugar #11 (SBN24) on Tuesday closed up +0.24 (+1.29%), and Aug London ICE white sugar #5 (SWQ24) closed up +3.00 (+0.55%). Sugar prices Tuesday recovered from early losses and settled moderately higher as a fall in the dollar index (DXY00) to a 1-week low sparked short covering in sugar futures. Sugar prices Tuesday initially added to Monday’s losses, with NY sugar falling to a 1-1/2 year nearest-futures low and London sugar dropping to a 1-1/4 year low. An easing of global sugar supply concerns weighed on sugar prices. Last Thursday, Datagro raised its 2024 Center-South sugar pr…

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