Sugar Prices man

Sugar prices averaged USD 13.93 cents per pound in February, down 4.2% from January. On 27 February, the commodity traded at USD 14.10 cents per pound, up 0.8% from 30 January.

In February, sugar prices dropped to their lowest level in over five years. Market concerns over a persistent supply surplus in 2026/27 weighed on prices. Prices were also undercut by India’s decision to allow the export of an additional 500,000 tons of sugar, on top of the previous quota of 1.5 million tons, in order to placate farmers who protested a new trade deal with the U.S.