REPORTS

Barchart - Sugar prices recovered from 6-week lows on Tuesday and rallied sharply after the dollar index ($DXY) tumbled to a 6-week low, which sparked short covering in sugar futures.  
Sugar prices have been under pressure for the past two weeks and initially fell to 6-week lows on Tuesday amid expectations of abundant global supplies. Last Tuesday, India's Food Secretary said the government has no plans to ban sugar exports this year, easing concerns that it could divert more sugar to make ethanol following the Iran war disruption to crude oil supplies.