Actual
18.22
Daily Change
-0.34 -1.85%
Monthly
-12.54%
Yearly
29.20%
Q4 Forecast
19.65
Sugar - Summary

US sugar futures extended their downward trend to trade around 18.5 cents per pound, the lowest since September, driven by a combination of a weaker Brazilian real, fund selling and lower oil prices. Higher output from India added to the pressure. According to a major industry body, sugar production in the world's second-largest producer jumped by 745% yoy to 845,000 in October, as mills in Maharashtra brought forward the start of the crushing season to build stocks ahead of the festive period. In Brazil, however, sugarcane crushing and sugar production fell during the first half of October, as persistent rainfall across the Center-South disrupted harvesting and delayed mill operations. The El Niño appears to be affecting the region earlier than expected, with excessive rainfall complicating production prospects and raising uncertainty over the start of the next harvest. The global supply outlook remains constrained by weather uncertainty, with a potential deficit looming in 2026/27.

Sugar - Stats

Sugar fell to 18.23 USd/Lbs on November 6, 2026, down 1.80% from the previous day. Over the past month, Sugar's price has fallen 12.50%, but it is still 29.27% higher 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 November 6 of 2026.

Sugar - Forecast

Sugar fell to 18.23 USd/Lbs on November 6, 2026, down 1.80% from the previous day. Over the past month, Sugar's price has fallen 12.50%, but it is still 29.27% higher 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 19.65 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 21.12 in 12 months time.



Price Day Month Year Date
Soybeans 1,179.59 -1.41 -0.12% -9.09% 7.07% Nov/06
Wheat 592.50 -6.75 -1.13% -13.69% 12.27% Nov/06
Lumber 518.54 -0.96 -0.18% 0.20% -2.80% Nov/06
Cheese 1.58 0.0032 0.20% 6.86% -9.82% Nov/06
Palm Oil 4,258.00 -119.00 -2.72% -5.88% 3.60% Nov/06
Milk 17.71 0.04 0.23% 17.36% 2.97% Nov/06
Cocoa 5,190.26 9.26 0.18% -7.02% -13.68% Nov/06
Cotton 78.24 -0.470 -0.60% -2.24% 22.98% Nov/06
Rubber 242.20 0.70 0.29% -6.92% 42.89% Nov/06
Orange Juice 136.66 1.61 1.19% -6.75% -20.50% Nov/06
Coffee 279.57 2.42 0.87% -4.48% -31.44% Nov/06
Oat 333.51 0.7613 0.23% -22.21% 14.31% Nov/06
Wool 1,698.00 -25.00 -1.45% -6.65% 19.66% Nov/06
Rice 17.82 -0.1019 -0.57% 6.70% 77.74% Nov/06
Canola 747.66 -5.54 -0.74% -7.73% 19.28% Nov/06
Sugar 18.22 -0.34 -1.85% -12.54% 29.20% Nov/06
Corn 439.36 -0.6429 -0.15% -12.48% 2.83% Nov/06


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
18.23 18.56 65.20 1.25 1912 - 2026 Cents/LB Daily

News Stream
Sugar Futures at Over 1-Month Low
US sugar futures extended their downward trend to trade around 18.5 cents per pound, the lowest since September, driven by a combination of a weaker Brazilian real, fund selling and lower oil prices. Higher output from India added to the pressure. According to a major industry body, sugar production in the world's second-largest producer jumped by 745% yoy to 845,000 in October, as mills in Maharashtra brought forward the start of the crushing season to build stocks ahead of the festive period. In Brazil, however, sugarcane crushing and sugar production fell during the first half of October, as persistent rainfall across the Center-South disrupted harvesting and delayed mill operations. The El Niño appears to be affecting the region earlier than expected, with excessive rainfall complicating production prospects and raising uncertainty over the start of the next harvest. The global supply outlook remains constrained by weather uncertainty, with a potential deficit looming in 2026/27.
2026-11-03
Sugar Hits 4-week Low
Sugar decreased to 18.83 USd/Lbs, the lowest since October 2026. Over the past 4 weeks, Sugar lost 9.01%, and in the last 12 months, it increased 28.75%.
2026-11-03
Sugar Futures Hover Around 1-Month Low
US sugar futures eased to around 19.3 cents per pound, nearing their lowest since early October, pressured by a weaker Brazilian real and as the market consolidated following recent supply-driven gains. The devaluation of the real tends to favor Brazilian exports, as sellers can obtain more returns for each dollar received in foreign sales. Meanwhile, recent data showed that sugarcane crushing and sugar production in Brazil declined during the first half of October, as persistent rainfall across the Center-South disrupted harvesting and delayed mill operations. El Niño appears to be affecting the region earlier than expected, with excessive rainfall complicating production prospects and raising uncertainty over the start of the next harvest. Forecasts of further precipitation could prolong these disruptions, further limiting crushing activity and weighing on output. Lower production prospects in India and reduced planting in Europe are adding to concerns over global availability.
2026-10-30