Sugar (SB1) Price Today — Live Chart and Analysis
A widely traded agricultural commodity produced mainly from sugarcane in Brazil and India, used both as a food ingredient and as a feedstock for ethanol biofuel production.
Buy price
18.72
Sell price
18.7
Price Performance
Information regarding past performance is not a reliable indicator of future performance.
Analysis
Brazil's dual use of sugarcane for both sugar and ethanol means producers can shift output between the two depending on relative pricing, tying sugar prices partly to fuel ethanol economics and oil prices. Indian government export policy has periodically restricted sugar shipments to protect domestic supply, affecting global availability. Weather conditions during Brazil's harvest season are the most direct near-term price driver. Rising health-conscious consumption trends in developed markets have slowly pressured long-term demand growth.
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