Why are Sugar No 11 Prices so high?
09-12-2025 - Over the past month, the price of Sugar No 11 has experienced an upward trend, increasing from 14.19 ¢/lb to 14.82 ¢/lb. This rise suggests a strengthening market for sugar, possibly due to increased demand or supply constraints. However, the forecast predicts a decline to 14.43 ¢/lb, a 2.6% decrease from the current price, indicating a potential downward trend. This forecast highlights the risk of market volatility impacting raw material prices.
The forecast suggests downward pressure on raw material prices, influenced by several factors: Flows data contributing a -0.12 ¢/lb impact, Seaborne Imports & Exports adding -0.14 ¢/lb, and Exchange Rates providing a slight positive impact of 0.02 ¢/lb. These data points consistently indicate a downward trend.
Recent analyses present a bearish outlook for the ICE Sugar market, consistent with the forecast of a price drop to 14.43 ¢/lb in the coming month. A report from CropGPT, dated October 30, 2025, notes that sugar futures have hit their lowest levels in four years. This decline is driven by record production forecasts and reduced expectations for ethanol diversion, leading to market oversupply. Additionally, technical indicators suggest a continued downward trend, with key support levels at risk.
The forecast suggests downward pressure on raw material prices, influenced by several factors: Flows data contributing a -0.12 ¢/lb impact, Seaborne Imports & Exports adding -0.14 ¢/lb, and Exchange Rates providing a slight positive impact of 0.02 ¢/lb. These data points consistently indicate a downward trend.
Recent analyses present a bearish outlook for the ICE Sugar market, consistent with the forecast of a price drop to 14.43 ¢/lb in the coming month. A report from CropGPT, dated October 30, 2025, notes that sugar futures have hit their lowest levels in four years. This decline is driven by record production forecasts and reduced expectations for ethanol diversion, leading to market oversupply. Additionally, technical indicators suggest a continued downward trend, with key support levels at risk.
What is the current / spot price of Sugar No 11?
Sugar No 11 Price Today
December 9, 2025
Current Price
14.82
¢/lb
What is the forecast for the price of Sugar No 11?
Sugar No 11 Price Forecast
December 9, 2025
1 Month Forecast
14.43
¢/lb
1 Year Forecast
17.59
¢/lb
What are the short-term drivers of Sugar No 11 prices?
Over the 1 Month horizon the outlook is bearish due to drivers such as: - Sugar exports from Germany - Sugar exports from India - Seasonality trends for the prediction week of year - Long term price trends Br(None) The top contrary drivers for the 1 Month horizon are: - Satellite-observed activity in Mato Grosso Do Sul (Brazil)
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: - Sugar exports from Brazil - The shape of the futures curve (adjusted for the risk free rate and price volatility) - Seasonality trends for the prediction week of year Br(None) The top contrary drivers for the 1 Year horizon are: - Long term price trends
Will the price of Sugar No 11 go up?
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