Sugar futures in the US eased toward 14.1 US cents, the lowest since early March, pressured by increased production in top producers India and Brazil. India’s Food Secretary said the government has no plans to ban sugar exports this year, easing market concerns that more production might be diverted to ethanol and reinforcing the scenario of greater availability. At the same time, recent data showed that the country's production grew by 9% in the period between October and March of the 2025/26 crop year, totaling 27.12 million tons. In Brazil, Center-South sugar production rose 0.7% to 40.25 million tons in 2025/26, with a higher share of sugarcane processed into sugar. Easing geopolitical concerns also exerted downward pressure. The announcement of a two-week ceasefire in the Middle East, along with the expected reopening of the Strait of Hormuz, pushed oil prices sharply lower, discouraging producers from diverting more sugarcane to ethanol.
Sugar fell to 14.02 USd/Lbs on April 9, 2026, down 1.50% from the previous day. Over the past month, Sugar's price has fallen 2.53%, and is down 22.62% 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 April 9 of 2026.
Sugar fell to 14.02 USd/Lbs on April 9, 2026, down 1.50% from the previous day. Over the past month, Sugar's price has fallen 2.53%, and is down 22.62% 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 14.67 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 13.80 in 12 months time.