Sugar No 16 Prices

29-01-2026 - Over the past month, the price of Sugar No 16 has seen a slight decrease, moving from 33.5 ¢/lb to 33.0 ¢/lb. This minor drop reflects subtle shifts in supply and demand dynamics affecting the market value of this raw material. The forecast anticipates a slight upward trend, predicting a rise to 33.62 ¢/lb, which is a 1.9% increase from the current price of 33.0 ¢/lb. The associated risk with this change is considered minimal due to the modest nature of the price adjustment.

The current market outlook is mixed, with upward price pressure on raw materials driven by factors such as Seaborne Imports & Exports and Exchange Rates. However, this is balanced by downward pressure from Supply and Technical data. Despite the forecasted increase, recent analyses suggest a potential decline in sugar prices. For example, a report from Ecofin Agency indicates that global sugar prices are expected to drop by 17% in 2025, with the downturn likely continuing into 2026. This projection is based on the expectation that global production will surpass consumption in the 2025/2026 season, resulting in a surplus that could push prices down. This external analysis offers a contrasting perspective to the forecasted price rise, highlighting the complexity and uncertainty in the market.