March NY world sugar #11 (SBH27) closed down -0.27 (-1.28%) on Wednesday, and December London ICE white sugar #5 (SWZ26) closed down -7.00 (-1.25%).
Sugar prices gave up an early advance on Wednesday and moved sharply lower after a rally in the dollar index ($DXY) to a 1.5-year high spurred long liquidation in sugar futures.