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October NY world sugar #11 (SBV24) on Tuesday closed down -0.14 (-0.71%), and Oct London ICE white sugar #5 (SWV24) closed down -0.60 (-0.11%). Sugar prices posted moderate losses on Tuesday, weighed down by weakness in crude prices. Aug WTI crude (CLQ24) fell to a 3-week low Tuesday, which undercut ethanol prices and may prompt global sugar mills to divert more cane crushing to sugar production rather than ethanol, thus boosting sugar supplies. On Monday, sugar prices fell to a 3-week low on robust sugar output in Brazil, the world’s largest producer. Last Thursday, Unica reported that Brazil…

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