Sugar futures in the US traded at around 13.5 US cents, the lowest since mid-February, largely reflecting expectations of abundant global supplies, particularly due to higher output in major producing countries such as Brazil, India and Thailand. Market participants are closely monitoring the progress of the 2026/27 harvest in Brazil, which began this month and is increasing supply availability. Global sugar prices reversed a downtrend that had persisted since March 2025, rising sharply following the onset of the Middle East conflict in February, driven by higher oil prices and expectations of stronger ethanol demand. n general, higher oil prices tend to favor sugar, stimulating ethanol production by mills and reducing the supply of the commodity in the international market.
Sugar rose to 13.72 USd/Lbs on April 21, 2026, up 0.56% from the previous day. Over the past month, Sugar's price has fallen 11.62%, and is down 23.66% 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 April 21 of 2026.
Sugar rose to 13.72 USd/Lbs on April 21, 2026, up 0.56% from the previous day. Over the past month, Sugar's price has fallen 11.62%, and is down 23.66% 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 13.41 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 12.56 in 12 months time.