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.
Sugar rose to 16.90 USd/Lbs on August 17, 2026, up 1.81% from the previous day. Over the past month, Sugar's price has risen 14.04%, and is up 4.01% 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 17 of 2026.
Sugar rose to 16.90 USd/Lbs on August 17, 2026, up 1.81% from the previous day. Over the past month, Sugar's price has risen 14.04%, and is up 4.01% 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.