Actual
17.61
Daily Change
0.09 0.51%
Monthly
19.47%
Yearly
6.86%
Q3 Forecast
16.77
Sugar - Summary

US sugar futures traded above 17 cents per pound, hovering near their highest level since May 2025. The market remains supported by prospects of a tighter global supply, with the strongest El Niño in decades adding to production risks. Analysts have been revising up their forecasts for a global sugar shortfall in 2026/27, with the deficit potentially widening further in 2027/28 on lower cane and beet plantings. India, the EU and Thailand are among the regions identified as most vulnerable to adverse weather conditions. At the same time, elevated oil prices could encourage cane diversion to ethanol production in major producers like Brazil. The country raised its mandatory ethanol blend to 32% in late July from 30% a month earlier and 27% a year earlier, potentially reducing sugar availability. Meanwhile, India is looking overseas to bolster sugar supplies and cool record prices, potentially intensifying demand pressure in the global market.

Sugar - Stats

Sugar rose to 17.60 USd/Lbs on August 21, 2026, up 0.46% from the previous day. Over the past month, Sugar's price has risen 19.41%, and is up 6.80% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Sugar reached an all time high of 65.20 in November of 1974. Sugar - data, forecasts, historical chart - was last updated on August 22 of 2026.

Sugar - Forecast

Sugar rose to 17.60 USd/Lbs on August 21, 2026, up 0.46% from the previous day. Over the past month, Sugar's price has risen 19.41%, and is up 6.80% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Sugar is expected to trade at 16.77 Cents/LB by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 18.00 in 12 months time.



Price Day Month Year Date
Soybeans 1,225.00 4.25 0.35% -0.65% 18.19% Aug/21
Wheat 681.50 -1.25 -0.18% -3.44% 35.02% Aug/21
Lumber 574.00 -4.00 -0.69% -12.90% -4.73% Aug/21
Cheese 1.60 -0.0200 -1.24% -7.85% -9.63% Aug/21
Palm Oil 5,018.00 57.00 1.15% 8.57% 10.75% Aug/21
Milk 16.64 0.01 0.06% 5.72% -4.31% Aug/21
Cocoa 6,034.00 -30.00 -0.49% 13.25% -20.42% Aug/21
Cotton 88.35 0.010 0.01% 8.93% 32.94% Aug/21
Rubber 231.10 2.90 1.27% 6.74% 36.02% Aug/21
Orange Juice 150.80 -1.00 -0.66% 0.33% -37.23% Aug/21
Coffee 322.65 -6.65 -2.02% 1.89% -17.41% Aug/21
Oat 324.25 2.0000 0.62% -4.28% 1.89% Aug/21
Wool 1,812.00 -61.00 -3.26% -4.68% 45.31% Aug/21
Rice 14.70 0.5550 3.93% 2.73% 27.51% Aug/21
Canola 799.10 -21.30 -2.60% -2.86% 19.90% Aug/21
Sugar 17.61 0.09 0.51% 19.47% 6.86% Aug/21
Corn 483.75 5.0000 1.04% 4.71% 24.60% Aug/21


Sugar
The Sugar No. 11 contract is the world benchmark contract for raw sugar trading and is available on The Intercontinental Exchange (ICE). The size of each contract is 112,000 pounds. The biggest producer and exporter of sugar in the world is Brazil (21% of total production and 45% of total exports). A significant amount of sugar is also produced in India, European Union, China, Thailand and the United States. The sugar prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments.
Actual Previous Highest Lowest Dates Unit Frequency
17.60 17.52 65.20 1.25 1912 - 2026 Cents/LB Daily

News Stream
Sugar Futures at Over 1-Year High
US sugar futures traded above 17 cents per pound, hovering near their highest level since May 2025. The market remains supported by prospects of a tighter global supply, with the strongest El Niño in decades adding to production risks. Analysts have been revising up their forecasts for a global sugar shortfall in 2026/27, with the deficit potentially widening further in 2027/28 on lower cane and beet plantings. India, the EU and Thailand are among the regions identified as most vulnerable to adverse weather conditions. At the same time, elevated oil prices could encourage cane diversion to ethanol production in major producers like Brazil. The country raised its mandatory ethanol blend to 32% in late July from 30% a month earlier and 27% a year earlier, potentially reducing sugar availability. Meanwhile, India is looking overseas to bolster sugar supplies and cool record prices, potentially intensifying demand pressure in the global market.
2026-08-18
Sugar Hits 52-week High
Sugar increased to 16.88 USd/Lbs, the highest since August 2025. Over the past 4 weeks, Sugar gained 14.28%, and in the last 12 months, it increased 0.04%.
2026-08-12
Sugar at Over 1-Year High
Sugar prices traded around 16.7 cents per pound, remaining close to the highest in over a year, supported by prospects of lower global supply. Brazil’s suspension of its biweekly harvest and production reports had already increased uncertainty among traders before the latest data released on August 6th showed June sugar output fell 15% year-on-year. Unseasonably heavy rains linked to El Niño disrupted cane harvesting and milling, reinforcing expectations of a global deficit in the 2026/27 season. Market participants are also monitoring Brazil’s sugar-ethanol mix, with nearly 58% of cane juice diverted to ethanol in June. The country raised its mandatory ethanol blend to 32% in late July from 30% a month earlier and 27% a year earlier, potentially reducing sugar availability. Meanwhile, India is considering restricting cane use for ethanol from October and bringing forward the crushing season to boost supply and contain record prices as festival-season demand picks up.
2026-08-10