May NY world sugar #11 (SBK26) on Thursday closed up +0.57 (+3.85%), and May London ICE white sugar #5 (SWK26) closed up +13.80 (+3.16%). Sugar prices added to this week's sharp rally on Thursday, climbing to 5-month highs.  Soaring gasoline prices are boosting ethanol prices and are bullish for sugar.  Gasoline (RBJ26) rallied to a 3.5-year high on Thursday, which may encourage the world's sugar mills to increase ethanol production at the expense of sugar. More News from Barchart Sugar prices are als ...