Sugar decreased to 18.18 Cents/lb in July from 18.22 Cents/lb in June of 2014. Sugar averaged 10.31 from 1912 until 2014, reaching an all time high of 65.20 in November of 1974 and a record low of 1.25 in January of 1967.
||1912 - 2014
The biggest producer and exporter of sugar in the world is Brazil (23% of total production and 50% of total exports in the 2010/11 fiscal year). A significant amount of sugar is also produced in India, China, Thailand and the United States. Sugar futures contracts are available for trading in the New York Mercantile Exchange. The size of each contract is 112,000 pounds. Sugar was first thought to have been produced in Polynesia and later India, around 500 BC. It is primarily derived from sugar-cane, but other sugar sources include sugar beets, the date palm, sorghum, and the sugar maple. Sugar No. 11 is an extremely popular global sugar product. It is used in food and candy, rum, and even the fuel additive ethanol. This page provides - Sugar - actual values, historical data, forecast, chart, statistics, economic calendar and news.