Barchart - Sugar prices Thursday gave up an early advance and closed moderately lower. The dollar index (DXY00) Thursday recovered from a 6-week low and was little changed, which sparked long liquidation in sugar futures. Sugar prices Thursday initially moved higher, with London sugar posting a 6-1/4 month high on supply concerns. StoneX Group Monday cut their 2022/23 global sugar surplus estimate to 2.5 MMT from a Jan forecast of 5 MMT, citing lower production in India due to excessive rain.