US sugar futures eased toward 18 cents per pound after reaching near 1½-year highs in early September, as the market moved into consolidation. Prices are facing pressure from India, where measures to boost domestic sugar availability could reduce import requirements. However, losses are being limited by expectations of tighter global supplies in 2026/27. The ISO forecasts a shift from a 1.1 million-tonne surplus in 2025/26 to a 200,000-tonne deficit in 2026/27, with production expected to decline 1% to 180.1 million tonnes.. The outlook takes into account, among other factors, the potential impact of the El Niño phenomenon on major producing regions across South and Southeast Asia, particularly India and Thailand. Thai sugar production is expected to fall by at least 17% to below 10 million tonnes, while below-normal monsoon rainfall in India is adding to concerns over output. Concurrently, higher oil prices encourage Brazilian mills to allocate more cane to biofuel production.
Sugar rose to 18.10 USd/Lbs on September 8, 2026, up 0.17% from the previous day. Over the past month, Sugar's price has risen 9.90%, and is up 14.27% 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 September 9 of 2026.
Sugar rose to 18.10 USd/Lbs on September 8, 2026, up 0.17% from the previous day. Over the past month, Sugar's price has risen 9.90%, and is up 14.27% 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 18.18 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 19.65 in 12 months time.