Why are Sugar No 5 Prices so high?
09-12-2025 - Over the past month, the price of Sugar No 5 has risen from $412.9/t to $422.6/t, indicating a strengthening market for this commodity. This increase suggests potential supply constraints or heightened demand. However, the forecast predicts a slight decline to $415.7/t, a 1.6% decrease from the current price of $422.6/t, highlighting potential market fluctuations that could impact raw material prices.
The forecast anticipates a downward price impact of -$3.2/t, largely influenced by supply factors, particularly adverse weather conditions contributing -$2.9/t to the decline. While 'Flows' suggest upward pressure, the 'Demand', 'Supply', and 'Technical' data collectively point to a decrease in raw material prices.
Recent analyses present a bearish outlook for the ICE Sugar market, consistent with the forecasted price drop to $415.7/t in the coming month. A report from CropGPT, dated October 30, 2025, notes that December ICE #5 contracts have fallen below critical technical levels due to expectations of a significant global surplus in the 2025/26 season. This report highlights that prices have reached their lowest in four years, driven by record output forecasts and reduced prospects for ethanol diversion. This analysis supports the anticipated downward trend in sugar prices.
The forecast anticipates a downward price impact of -$3.2/t, largely influenced by supply factors, particularly adverse weather conditions contributing -$2.9/t to the decline. While 'Flows' suggest upward pressure, the 'Demand', 'Supply', and 'Technical' data collectively point to a decrease in raw material prices.
Recent analyses present a bearish outlook for the ICE Sugar market, consistent with the forecasted price drop to $415.7/t in the coming month. A report from CropGPT, dated October 30, 2025, notes that December ICE #5 contracts have fallen below critical technical levels due to expectations of a significant global surplus in the 2025/26 season. This report highlights that prices have reached their lowest in four years, driven by record output forecasts and reduced prospects for ethanol diversion. This analysis supports the anticipated downward trend in sugar prices.
What is the current / spot price of Sugar No 5?
Sugar No 5 Price Today
December 9, 2025
Current Price
422.6
¢/lb
What is the forecast for the price of Sugar No 5?
Sugar No 5 Price Forecast
December 9, 2025
1 Month Forecast
415.7
¢/lb
1 Year Forecast
489.1
¢/lb
What are the short-term drivers of Sugar No 5 prices?
Over the 1 Month horizon the outlook is bearish due to drivers such as: - Min. temperature in Lublin Voivodeship (Poland) - Eurozone Equities - EWMA-based technical analysis - Movements in the Russian Ruble Br(None) The top contrary drivers for the 1 Month horizon are: - Movements in the Turkish Lira
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: - Short term price trends - The shape of the futures curve (adjusted for the risk free rate and price volatility) - Sugar exports from Brazil 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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