Raw sugar futures on ICE rallied above 11 cents on Wednesday, spurred by signs of tightness in white sugar supply and a rise in oil prices as easing lockdown restrictions revive fuel demand.
Coffee futures were mixed however and cocoa futures fell.
July raw sugar rose 0.4 cents, or 3.8%, to 11.26 cents per lb at 1427 GMT.
Dealers said sugar would be underpinned for as long as crude remains firm, with some talk it only needs to improve by $4-5 for ethanol to become competitive with gasoline in Brazil.
Rising energy prices can prompt cane mills in Brazil to produce more cane-based ethanol fuel over sugar.
August white sugar rose $3.60, or 1%, to $368.20 a tonne, having hit its highest since early January, with an inverted futures market structure indicating supplies remain tight.
The line of ships waiting to load sugar in Brazil has more than doubled, suggesting Brazil may set a new monthly sugar export record.
Egypt's has 2 million tonnes of sugar in its strategic reserves, sufficient for more than five months of consumption. July arabica coffee fell 0.2 cents, or 0.2%, to $1.0685 per lb, with prices continuing to seek direction.
Coffee maker JDE Peet's BV is pressing ahead with plans to list on Euronext Amsterdam, in what will be a test of investor sentiment towards coffee.
July robusta coffee rose $5, or 0.4%, to $1,189 a tonne. July New York cocoa dipped $7, or 0.4%, to $1,962 a tonne. July London cocoa fell 25 pounds, or 1%, to 2,410 pounds per tonne.
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