May NY world sugar #11 (SBK26) on Thursday closed up +0.32 (+2.06%), and May London ICE white sugar #5 (SWK26) closed up +5.60 (+1.23%). Sugar prices rallied sharply on Thursday, with NY sugar posting a 5.5-month high.  Sugar prices rallied in sympathy with Thursday's +4% surge in crude oil prices (CLK26).  The strength in crude prices boosts ethanol prices and may encourage the world's sugar mills to increase ethanol production and curb sugar output. More News from Barchart Sugar prices also have som ...