Sugar futures in the US have been trading around 14 US cents since late May, as supportive fundamentals from ample global supply keep prices subdued despite climate risks. At the same time, the announcement of a preliminary agreement to end the Middle East conflict and reopen the Strait of Hormuz improved the outlook for agricultural commodities, including sugar.. According to the consulting firm Covrig Analytics, the closure of the Strait of Hormuz restricted approximately 6% of the world's sugar trade. Oil prices also fell sharply, making ethanol less competitive and potentially prompting mills to shift more sugarcane to sugar production. However, concerns over the impact of an emerging El Niño pattern on key producing regions of Brazil and India limited the downside. Lastly, consulting firm Czarnikow has revised its global sugar balance, now forecasting a 100,000-ton deficit for 2026/27, compared with a prior estimate of a 1.4 million-ton surplus.

Sugar fell to 14.29 USd/Lbs on June 17, 2026, down 0.14% from the previous day. Over the past month, Sugar's price has fallen 2.98%, and is down 10.76% 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 June 17 of 2026.

Sugar fell to 14.29 USd/Lbs on June 17, 2026, down 0.14% from the previous day. Over the past month, Sugar's price has fallen 2.98%, and is down 10.76% 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 13.65 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 12.59 in 12 months time.



Price Day Month Year Date
Soybeans 1,133.05 3.05 0.27% -6.59% 5.42% Jun/17
Wheat 599.30 3.30 0.55% -9.81% 4.36% Jun/17
Lumber 631.00 0 0% 6.41% 1.27% Jun/16
Cheese 1.59 -0.0099 -0.62% -3.69% -17.29% Jun/17
Palm Oil 4,574.00 123.00 2.76% 1.15% 11.67% Jun/16
Milk 15.99 0 0% -5.66% -14.45% Jun/16
Cocoa 4,234.00 262.00 6.60% 11.69% -57.40% Jun/16
Cotton 78.33 0.580 0.75% -6.42% 21.15% Jun/17
Rubber 231.60 3.50 1.53% 4.65% 40.19% Jun/17
Orange Juice 147.65 -7.05 -4.56% -7.89% -41.77% Jun/16
Coffee 272.80 13.60 5.25% 3.26% -18.52% Jun/16
Oat 308.53 4.0325 1.32% -17.28% -15.06% Jun/17
Wool 1,979.00 0 0% 5.49% 65.33% Jun/17
Rice 11.84 0.0300 0.25% -7.61% -12.68% Jun/17
Canola 753.07 -0.83 -0.11% 2.00% 1.92% Jun/17
Sugar 14.29 -0.02 -0.13% -2.98% -10.75% Jun/17
Corn 412.89 -0.8635 -0.21% -13.44% -4.76% Jun/17


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
14.29 14.31 65.20 1.25 1912 - 2026 Cents/LB Daily

News Stream
Sugar Futures Hover Around $14
Sugar futures in the US have been trading around 14 US cents since late May, as supportive fundamentals from ample global supply keep prices subdued despite climate risks. At the same time, the announcement of a preliminary agreement to end the Middle East conflict and reopen the Strait of Hormuz improved the outlook for agricultural commodities, including sugar.. According to the consulting firm Covrig Analytics, the closure of the Strait of Hormuz restricted approximately 6% of the world's sugar trade. Oil prices also fell sharply, making ethanol less competitive and potentially prompting mills to shift more sugarcane to sugar production. However, concerns over the impact of an emerging El Niño pattern on key producing regions of Brazil and India limited the downside. Lastly, consulting firm Czarnikow has revised its global sugar balance, now forecasting a 100,000-ton deficit for 2026/27, compared with a prior estimate of a 1.4 million-ton surplus.
2026-06-16
Sugar Hits 6-week Low
Sugar decreased to 13.86 USd/Lbs, the lowest since April 2026. Over the past 4 weeks, Sugar lost 6.95%, and in the last 12 months, it decreased 15.54%.
2026-06-10
Sugar Futures at Over 1-Month Low
Sugar futures in the US eased to below 13.9 US cents, the lowest since April 22, partly influenced by falling oil prices and the ongoing weakness in the Brazilian real. The strong performance of the 2026/27 sugarcane harvest is also putting pressure on prices, due to increased supply and growing inventories. The Brazilian Sugarcane and Bioenergy Industry Association (UNICA) reported that sugar production in Brazil's Center-South region reached 2.475 million tons in April of the 2026/27 crop year, a volume 55.3% higher than that recorded in the same period of the previous cycle. Strength in Thailand’s sugar exports, the world’s second-largest, also reinforced the perception of a comfortable supply. However, concerns persisted about the potential impact of the El Niño weather phenomenon on the upcoming global sugarcane harvest, particularly in Brazil, India and Thailand.
2026-06-09