World sugar prices fell to a five-year low
Raw sugar futures closed at 13.86 cents per pound on February 11, 2026, the same level as in October 2020, according to US and European trading data. Global prices have fallen nearly 35% over the past year.
Analysts cite record sugarcane harvests, increased sugar production in Brazil, Thailand, and India, and declining demand for this product as the reasons for the price decline.
World prices are expected to fluctuate around 14 cents per pound through the end of the first quarter of 2026. In October 2024, prices reached 28 cents per pound, after which a downward trend began. A year earlier, the price was 21.4 cents.
Supply surplus is expected to persist in the 2026–2027 season, albeit at a smaller scale.
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