Sugar futures in the US fell below 15 US cents, reaching one-week lows, pressured by lower oil prices, which reduce incentives to divert sugarcane toward ethanol production and could boost sugar output. Investors also monitored the recovery of India's monsoon, which has eased some concerns over global supplies, although broader structural factors continue to support the market. The rainfall deficit narrowed to 15% below the historical average by July 8, a marked improvement from the 42% shortfall recorded at the end of June. However, India's Ministry of Earth Sciences continues to warn that this year's monsoon could still be the weakest in 11 years. Rainfall between June and September is critical for sugarcane development. Meanwhile, the El Nino risk remained a concern. The weather phenomenon typically causes drought and heat in major sugar-producing countries like India and Thailand, while it can also favor excessive rainfall during the harvest in Brazil.
Sugar fell to 14.88 USd/Lbs on July 11, 2026, down 1.59% from the previous day. Over the past month, Sugar's price has risen 4.57%, but it is still 8.71% lower than a year ago, 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 July 12 of 2026.
Sugar fell to 14.88 USd/Lbs on July 11, 2026, down 1.59% from the previous day. Over the past month, Sugar's price has risen 4.57%, but it is still 8.71% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Sugar is expected to trade at 14.61 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 13.73 in 12 months time.