Sugar fell to 14.69 USd/Lbs on July 23, 2026, down 0.34% from the previous day. Over the past month, Sugar's price has risen 4.78%, but it is still 11.35% 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 July 24 of 2026.

Sugar is expected to trade at 14.59 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 13.68 in 12 months time.



Price Day Month Year Date
Soybeans 1,241.82 4.32 0.35% 10.14% 24.34% Jul/24
Wheat 700.63 4.38 0.63% 18.55% 30.17% Jul/24
Lumber 657.50 -1.50 -0.23% 6.56% -1.28% Jul/23
Cheese 1.70 -0.0320 -1.85% 6.99% -3.63% Jul/23
Palm Oil 4,710.00 88.00 1.90% 1.66% 8.78% Jul/23
Milk 15.76 0.02 0.13% -1.62% -9.06% Jul/23
Cocoa 5,301.00 -27.00 -0.51% 6.60% -34.75% Jul/23
Cotton 81.21 0.003 0% 5.51% 21.24% Jul/24
Rubber 218.40 1.90 0.88% -2.63% 28.85% Jul/23
Orange Juice 146.80 -3.50 -2.33% 0.38% -56.69% Jul/23
Coffee 309.40 -7.25 -2.29% 11.62% 1.49% Jul/23
Oat 331.76 -0.7365 -0.22% 21.19% -8.35% Jul/24
Wool 1,873.00 0 0% -3.60% 51.17% Jul/24
Rice 14.13 -0.1750 -1.22% 8.90% 12.01% Jul/24
Canola 836.42 0.52 0.06% 11.87% 19.35% Jul/24
Sugar 14.69 -0.05 -0.34% 4.78% -11.35% Jul/23
Tea 221.81 -5.08 -2.24% -2.71% 8.01% Jul/18
Corn 464.81 0.8107 0.17% 12.07% 16.35% Jul/24


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
14.69 14.74 65.20 1.25 1912 - 2026 Cents/LB Daily

News Stream
Sugar Futures Approach 3-Week Lows
Sugar futures in the US traded around 14.7 US cents, a near three-week low, as favorable weather in major producers improved the supply outlook. Dealers said drier weather in top producer Brazil has allowed harvesting to accelerate in recent weeks after heavy rains in June disrupted fieldwork, while monsoon rainfall in second-largest producer India has also improved, although it remains below average. Even so, high oil prices limited more significant losses by increasing the competitiveness of ethanol compared to sugar. At the same time, the Brazilian government approved an increase in the mandatory blend of anhydrous ethanol in gasoline. The measure reinforced expectations of higher demand for the biofuel and a greater allocation of sugarcane to ethanol production, reducing the availability of sugar in international markets. Trades also monitored El Niño after the UN weather agency increased the likelihood of a strong event, which could hurt crops in coming months.
2026-07-15
Sugar Futures Ease to 1-Week Lows
Sugar futures in the US fell below 15 US cents, reaching one-week lows, pressured by lower oil prices, which reduce incentives to divert sugarcane toward ethanol production and could boost sugar output. Investors also monitored the recovery of India's monsoon, which has eased some concerns over global supplies, although broader structural factors continue to support the market. The rainfall deficit narrowed to 15% below the historical average by July 8, a marked improvement from the 42% shortfall recorded at the end of June. However, India's Ministry of Earth Sciences continues to warn that this year's monsoon could still be the weakest in 11 years. Rainfall between June and September is critical for sugarcane development. Meanwhile, the El Nino risk remained a concern. The weather phenomenon typically causes drought and heat in major sugar-producing countries like India and Thailand, while it can also favor excessive rainfall during the harvest in Brazil.
2026-07-10
Sugar Futures Near 2-Month Highs
Sugar futures in the US traded above 15 US cents, the highest level since mid-May, partly supported by higher oil prices, which encourage cane diversion to ethanol production and could tighten sugar output. At the same time, concerns over global supplies persisted, with a strengthening El Niño threatening crop production in key growing regions across Asia and the Americas. In India, weaker monsoon rains have raised concerns over lower sugar yields and a smaller sugarcane harvest, with insufficient rainfall potentially affecting both the current crop and the development of next season's harvest. Meanwhile, the market continued to monitor developments in top producer Brazil, where recent rainfall delayed harvesting in key growing regions. The latest data showed sugar production in Brazil's key Center-South region fell about 3% yoy to 2.31 million tons in the first half of June, pointing to continued growth in biofuel supply.
2026-07-08