REPORTS

Barchart - Sugar prices moved higher on Tuesday, with London sugar posting a 1-week high as higher crude oil prices encourage the world's sugar mills to boost ethanol production at the expense of sugar. WTI crude (CLJ26) rose by more than +2% on Tuesday, boosting ethanol prices and potentially prompting the world's sugar mills to divert more cane crushing toward sugar production rather than ethanol, thereby boosting sugar supplies.