Colorful sugar canes

Sugar Price Outlook

Prices for sugar took a hit over the past month, likely due to more favorable supply conditions in Brazil and some Omicron-related concerns weighing on buyer sentiment. Sugar traded at USD 17.9 cents per pound on 14 January, which was down 7.2% from the same day last month. Meanwhile, the price was 3.9% lower on a year-to-date basis but was up 13.1% from the same day last year. Sugar prices dropped notably in recent weeks as healthy rainfall in Brazil’s Center-South region boosted the supply outlook. Moreover, India’s Sugar Mills Association recently reported a strong increase in sugar production in the fourth quarter of last year, which likely also weighed on prices. Meanwhile, some investor concerns due to the recent spread of the Omicron variant likely dented buyers’ purchasing activity.

Sugar Price History Data (USD cents per pound, aop)

2015  2016  2017  2018  2019  
Sugar 13.43  18.08  15.99  12.56  12.7  

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Price forecasts and historical data for Energy, Metals and Agricultural Commodities.

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Sugar Historical Price Chart


Sugar historical price chart
Note: International Sugar Agreement (ISA) Sugar, prices in USD cents per pound (lb). Daily prices.

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Price forecasts and historical data for Energy, Metals and Agricultural Commodities

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