Sugar Futures – Sugar No. 11

Raw sugar price for the Sugar No. 11 benchmark contract, traded on ICE.

Sugar No. 11 is the world's leading benchmark contract for raw sugar prices and is widely used as a reference for the global sugar trade, traded on ICE.

Current value
USD / pound
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Last updated
Ticker
SB=F
Exchange
ICE
Benchmark
Sugar No. 11
Currency
USD
Unit
USD / pound

Price history

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Historical performance

Period Performance
Today
1 month
1 year
5 years

Calculated live from Yahoo Finance closing prices (unofficial public proxy) — may be temporarily unavailable or delayed.

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Key facts

Quotation unitCents per pound (112,000-pound contract)
World's largest producerBrazil
Dual useBrazilian sugarcane is also used to produce ethanol
Other major producersIndia, Thailand, European Union (sugar beet)
SensitivityWeather conditions in Brazil, oil prices (ethanol arbitrage)
MarketTraded continuously on the ICE (New York)
Standard contract: 112,000 pounds (about 50,800 kg) Brazil alone accounts for roughly a fifth of the world's sugar production A rise in oil prices can push Brazilian producers to favor ethanol, reducing sugar supply

What is the "Sugar No. 11" price?

The price quoted here corresponds to the "Sugar No. 11" futures contract traded on the ICE in New York, the global benchmark for raw cane sugar, expressed in cents per pound.

How do I invest in sugar?

Individual investors most often gain exposure through an ETF or ETC tracking its price, through CFDs or futures for experienced traders (leveraged, higher-risk products), or indirectly by buying shares of agribusiness companies.

Why is sugar linked to the ethanol market?

In Brazil, the world's largest producer, sugarcane can be processed into either sugar or ethanol fuel. When oil is expensive, producers favor ethanol, which reduces the sugar supply available and supports prices — a close link between the sugar market and the energy market.

Price and chart data fetched live from Yahoo Finance via an unofficial public proxy: it may be delayed, temporarily unavailable or inaccurate. Nothing on this page constitutes investment advice.