Sugar No 11 Prices

15-04-2026 - Over the past month, the price of Sugar No 11 has experienced a decline, dropping from 14.37 ¢/lb to 13.88 ¢/lb. This decrease signals a downward trend in the raw material market, suggesting potential changes in supply or demand dynamics. The forecast predicts a further decrease to 13.71 ¢/lb, representing a 1.2% drop from the current price of 13.88 ¢/lb. This indicates a generally stable to slightly declining trend, with minimal risk of significant fluctuations in raw material prices.

The current forecast highlights downward pressure on raw material prices, primarily influenced by Flows data, which has a -0.21 ¢/lb impact. Key factors contributing to this trend include Exchange Rates and Seaborne Imports & Exports. Although Demand suggests upward pressure, Flows, Supply, and Technical data point to a bearish outlook. Recent analyses align with this forecast, predicting a price decline to 13.71 ¢/lb in the coming month.

According to a report by Commodity Board Europe, as of April 13, 2026, sugar futures are under pressure due to expectations of ample supply. The May 2026 contract has fallen to the mid-13 ¢/lb range, marking the fifth consecutive losing session and a 3–4% loss over the past month. This decline reflects a broader supply-driven correction, with technical indicators remaining decisively bearish. This analysis supports the forecasted downward trend in sugar prices.