Sugar futures in the US advanced toward 14.6 US cents, the highest level since May 22, underpinned by concerns about the global supply. Market participants weighed weaker Brazilian output and India’s rainfall deficits while also monitoring the effects of the reopening of the Strait of Hormuz. Data released by Unica showed sugar output in Brazil's key center-south region fell 25.6% year-on-year to 2.2 million metric tons in the second half of May, while the volume of sugarcane processed was 13% smaller at 41.5 million tons, affected by rainfall that interrupted harvesting in some regions. The data also indicated mills are allocating more cane to ethanol production due to better margins. In India, the world’s second-largest producer, the Meteorological Department reported monsoon rainfall was 42% below the historical average as of June 24. Despite this support, upside in sugar prices was limited by weaker oil prices, which reduce the appeal of ethanol.

Sugar rose to 14.83 USd/Lbs on June 29, 2026, up 2.19% from the previous day. Over the past month, Sugar's price has risen 2.61%, but it is still 8.37% 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 June 29 of 2026.

Sugar rose to 14.83 USd/Lbs on June 29, 2026, up 2.19% from the previous day. Over the past month, Sugar's price has risen 2.61%, but it is still 8.37% 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 14.50 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 13.35 in 12 months time.



Price Day Month Year Date
Soybeans 1,107.88 -18.37 -1.63% -6.17% 8.16% Jun/29
Wheat 571.04 -7.21 -1.25% -6.19% 8.00% Jun/29
Lumber 617.03 -0.97 -0.16% 5.03% -1.53% Jun/29
Cheese 1.59 -0.0047 -0.29% -2.49% -11.63% Jun/29
Palm Oil 4,588.00 20.00 0.44% -1.90% 15.07% Jun/29
Milk 16.00 -0.01 -0.06% -5.33% -14.67% Jun/29
Cocoa 4,976.73 -118.27 -2.32% 27.77% -45.68% Jun/29
Cotton 76.65 0.266 0.35% 0.01% 13.25% Jun/29
Rubber 208.60 -2.20 -1.04% -8.91% 29.08% Jun/29
Orange Juice 155.13 6.48 4.36% 3.42% -28.73% Jun/29
Coffee 278.06 4.86 1.78% 6.70% -8.39% Jun/29
Oat 260.00 -16.7500 -6.05% -25.13% -32.77% Jun/29
Wool 1,943.00 0 0% 0.47% 60.98% Jun/29
Rice 13.25 0.1507 1.15% 6.01% 2.28% Jun/29
Canola 747.09 2.59 0.35% -3.80% 7.92% Jun/29
Sugar 14.82 0.31 2.12% 2.54% -8.43% Jun/29
Corn 398.92 -13.8271 -3.35% -10.15% -5.13% Jun/29


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
14.83 14.51 65.20 1.25 1912 - 2026 Cents/LB Daily

News Stream
Sugar Hits 4-week High
Sugar increased to 14.64 USd/Lbs, the highest since May 2026. Over the past 4 weeks, Sugar gained 3.44%, and in the last 12 months, it decreased 7.49%.
2026-06-26
Sugar Futures Hit 1-Month High
Sugar futures in the US advanced toward 14.6 US cents, the highest level since May 22, underpinned by concerns about the global supply. Market participants weighed weaker Brazilian output and India’s rainfall deficits while also monitoring the effects of the reopening of the Strait of Hormuz. Data released by Unica showed sugar output in Brazil's key center-south region fell 25.6% year-on-year to 2.2 million metric tons in the second half of May, while the volume of sugarcane processed was 13% smaller at 41.5 million tons, affected by rainfall that interrupted harvesting in some regions. The data also indicated mills are allocating more cane to ethanol production due to better margins. In India, the world’s second-largest producer, the Meteorological Department reported monsoon rainfall was 42% below the historical average as of June 24. Despite this support, upside in sugar prices was limited by weaker oil prices, which reduce the appeal of ethanol.
2026-06-26
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