Why are Sugar No 5 Prices so high?
05-02-2026 - Over the past month, the price of Sugar No 5 has decreased from $421.1/t to $411.8/t, indicating a downward trend in the raw material market. This suggests potential changes in supply or demand dynamics. The forecast for Sugar No 5 is $411.3/t, slightly lower than the current price of $411.8/t, representing a marginal -0.1% change. This suggests a generally stable price trend with minimal risk of significant fluctuations in the raw material market.
The forecast also highlights upward price pressure on raw materials, driven by technical data with a $2.1/t impact, particularly from trend-following indicators. However, demand data suggests downward pressure, resulting in a mixed market outlook. Recent analyses project a bearish outlook for the ICE Sugar market over the next month, consistent with the forecasted price decline to $411.3/t. For example, Trading Economics anticipates that sugar will trade at 14.07 cents per pound by the end of this quarter, down from the current price of 14.26 cents per pound as of February 2, 2026. This projection supports the expected downward trend in sugar prices.
The forecast also highlights upward price pressure on raw materials, driven by technical data with a $2.1/t impact, particularly from trend-following indicators. However, demand data suggests downward pressure, resulting in a mixed market outlook. Recent analyses project a bearish outlook for the ICE Sugar market over the next month, consistent with the forecasted price decline to $411.3/t. For example, Trading Economics anticipates that sugar will trade at 14.07 cents per pound by the end of this quarter, down from the current price of 14.26 cents per pound as of February 2, 2026. This projection supports the expected downward trend in sugar prices.
What is the current / spot price of Sugar No 5?
Sugar No 5 Price Today
February 6, 2026
Current Price
411.8
¢/lb
What is the forecast for the price of Sugar No 5?
Sugar No 5 Price Forecast
February 9, 2026
1 Month Forecast
411.3
¢/lb
1 Year Forecast
481.5
¢/lb
What are the short-term drivers of Sugar No 5 prices?
Over the 1 Month horizon the outlook is moderately bearish due to drivers such as: - Min. temperature in Lublin Voivodeship (Poland) - The shape of the futures curve - Eurozone Equities Br(None) The top contrary drivers for the 1 Month horizon are: - Short term price trends - Long term price trends
What are the long-term drivers of Sugar No 5 prices?
Over the 1 Year horizon the outlook is bullish due to drivers such as: - The shape of the futures curve (adjusted for the risk free rate and price volatility) - Short term price trends - Seasonality trends for the prediction month of year Br(None) The top contrary drivers for the 1 Year horizon are: - Long term price trends
Will the price of Sugar No 5 go up?
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1 Week
1 Month
3 Month
6 Month
1 Year
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ChAI Protect is our commodity price risk insurance offering, created to protect your company from the financial risks associated with raw material price movements.
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