Actual
17.85
Daily Change
0.26 1.47%
Monthly
22.67%
Yearly
8.30%
Q3 Forecast
17.77
Sugar - Summary

US sugar futures hovered around 17.3 cents per pound, down from recent one-year highs, amid market correction and the pullback in oil prices. The prospect of lower Indian sugar imports than initially expected also weighed on prices. Greenleaf, an Indian sugar industry research firm, estimates that the country may import no more than 500,000 tonnes by October 31, half of the 1 million tonnes authorized duty-free by the Directorate General of Foreign Trade. However, the global sugar balance remains tight, with climate risks in major producing regions and a potential shift toward ethanol production adding to supply concerns, particularly in Brazil. Conab expects Brazilian sugarcane production to rise 4.7% to 705.2 million tonnes in 2026/27, but sugar output to fall 2.9% to 42.89 million tonnes, while ethanol production is forecast to increase 9.7% to 29.98 billion liters. A potentially strong El Niño could add further pressure on global output in the coming months.

Sugar - Stats

Sugar rose to 17.81 USd/Lbs on August 27, 2026, up 1.25% from the previous day. Over the past month, Sugar's price has risen 22.40%, and is up 8.06% 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 27 of 2026.

Sugar - Forecast

Sugar rose to 17.81 USd/Lbs on August 27, 2026, up 1.25% from the previous day. Over the past month, Sugar's price has risen 22.40%, and is up 8.06% 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 17.77 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 19.11 in 12 months time.



Price Day Month Year Date
Soybeans 1,248.11 -6.14 -0.49% 2.98% 21.38% Aug/27
Wheat 734.14 3.64 0.50% 10.81% 43.88% Aug/27
Lumber 565.03 -1.47 -0.26% -11.44% 0.54% Aug/27
Cheese 1.58 0.0081 0.51% -3.30% -14.99% Aug/27
Palm Oil 4,816.00 -36.00 -0.74% 3.75% 8.27% Aug/27
Milk 16.67 0.07 0.42% 5.71% -3.53% Aug/27
Cocoa 6,156.03 325.03 5.57% 18.36% -20.44% Aug/27
Cotton 89.18 0.036 0.04% 10.74% 35.17% Aug/27
Rubber 236.30 1.00 0.43% 8.39% 37.46% Aug/27
Orange Juice 147.96 1.61 1.10% 8.12% -38.50% Aug/27
Coffee 307.54 -14.61 -4.54% -9.39% -20.69% Aug/27
Oat 335.77 2.2736 0.68% 7.02% 11.46% Aug/27
Wool 1,853.00 41.00 2.26% -1.07% 48.60% Aug/27
Rice 14.84 0.4450 3.09% 8.60% 28.78% Aug/27
Canola 796.10 -2.20 -0.28% 1.69% 25.23% Aug/27
Sugar 17.85 0.26 1.47% 22.67% 8.30% Aug/27
Corn 510.33 -3.6713 -0.71% 11.30% 32.38% Aug/27


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
17.81 17.59 65.20 1.25 1912 - 2026 Cents/LB Daily

News Stream
Sugar Futures Retreat
US sugar futures hovered around 17.3 cents per pound, down from recent one-year highs, amid market correction and the pullback in oil prices. The prospect of lower Indian sugar imports than initially expected also weighed on prices. Greenleaf, an Indian sugar industry research firm, estimates that the country may import no more than 500,000 tonnes by October 31, half of the 1 million tonnes authorized duty-free by the Directorate General of Foreign Trade. However, the global sugar balance remains tight, with climate risks in major producing regions and a potential shift toward ethanol production adding to supply concerns, particularly in Brazil. Conab expects Brazilian sugarcane production to rise 4.7% to 705.2 million tonnes in 2026/27, but sugar output to fall 2.9% to 42.89 million tonnes, while ethanol production is forecast to increase 9.7% to 29.98 billion liters. A potentially strong El Niño could add further pressure on global output in the coming months.
2026-08-25
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