Why are Sugar No 11 Prices so high?
05-02-2026 - Over the past month, the price of Sugar No 11 has seen a slight decrease, moving from 14.73 ¢/lb to 14.44 ¢/lb. This modest drop suggests potential changes in supply or demand dynamics affecting the market value of this raw material. The forecast predicts a further decline to 14.39 ¢/lb, a -0.3% change from the current price, indicating a generally stable trend with minimal risk of significant fluctuations.
The current forecast presents mixed signals. Data on Seaborne Imports & Exports and Exchange Rates suggest a price decrease of -0.12 ¢/lb. In contrast, Demand and Supply data point to upward pressure on prices, indicating a lack of consensus among different data types. Recent analyses suggest a bearish outlook for the ICE Sugar market, consistent with the forecast of a price drop to 14.39 ¢/lb over the next month. For example, Trading Economics anticipates sugar prices to reach 14.07 ¢/lb by the end of this quarter, reinforcing the expectation of a continued downward trend. This external analysis aligns with the forecasted price decrease, highlighting the current market sentiment.
The current forecast presents mixed signals. Data on Seaborne Imports & Exports and Exchange Rates suggest a price decrease of -0.12 ¢/lb. In contrast, Demand and Supply data point to upward pressure on prices, indicating a lack of consensus among different data types. Recent analyses suggest a bearish outlook for the ICE Sugar market, consistent with the forecast of a price drop to 14.39 ¢/lb over the next month. For example, Trading Economics anticipates sugar prices to reach 14.07 ¢/lb by the end of this quarter, reinforcing the expectation of a continued downward trend. This external analysis aligns with the forecasted price decrease, highlighting the current market sentiment.
What is the current / spot price of Sugar No 11?
Sugar No 11 Price Today
February 6, 2026
Current Price
14.44
¢/lb
What is the forecast for the price of Sugar No 11?
Sugar No 11 Price Forecast
February 9, 2026
1 Month Forecast
14.39
¢/lb
1 Year Forecast
17.11
¢/lb
What are the short-term drivers of Sugar No 11 prices?
Over the 1 Month horizon the outlook is moderately bearish due to drivers such as: - Seasonality trends for the prediction month of year - Sugar exports from Germany Br(None) The top contrary drivers for the 1 Month horizon are: - EWMA-based technical analysis - Satellite-observed activity in Jalisco (Mexico) - Short term price trends
What are the long-term drivers of Sugar No 11 prices?
Over the 1 Year horizon the outlook is bullish due to drivers such as: - EWMA-based technical analysis - Sugar exports from Brazil - Seasonality trends for the prediction week of year - The shape of the futures curve (adjusted for the risk free rate and price volatility) Br(None)
Will the price of Sugar No 11 go up?
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1 Week
1 Month
3 Month
6 Month
1 Year
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