Sugar prices averaged USD 17.36 cents per pound in August, up 12.9% from July. On 31 August, the commodity traded at USD 18.32 cents per pound, up 20.7% from 31 July.
In August, sugar prices rose at the fastest pace since April 2023, hitting a 15-month high. The International Sugar Organization projected demand to outpace supply in 2026/27, and Brazil reported a sharp production slump in June. Moreover, demand rose as India’s festival season began in August, and food and beverage companies began to stockpile ahead of their busiest sales season, while India’s production in 2025/26 is now expected to be 11% below earlier government estimates.
This chart displays Sugar (US¢/lb) from 2024 to 2026.
Sugar ISA (prices in US¢/lb, aop)
| Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sugar ISA | - | - | - | - | - | - | 19.36 | 20.19 | 18.65 | 17.53 | 16.51 | 14.75 |