All commodities
Sugar #11
SUG · Agriculture · ICE · Quoted in USc/lb
18.60 USc/lb
+1.361 (+7.89%) vs prior
Monthly avg, World Bank Pink Sheet, Sep 2026
Monthly averages · from 1960-01-01
Origin markets
Benchmark: Raw sugar #11, FOB Brazil (ICE-linked). The same tonne prices differently by origin — freight, quality, sanctions and policy set the differential. Deep dive →
| Origin | Basis | Market note |
|---|---|---|
🇧🇷 Santos Brazil · ~75% of trade flow | FOB Santos rawsBenchmark | Centre-South crush at peak — the world price |
🇮🇳 West Coast India India · export-policy bound | FOB WC India | Only flows when Delhi allows exports — policy premium |
🇹🇭 Thailand Thailand · Asia-facing | FOB Thailand hi-pol | Quality premium raws into Indonesia and Japan |
🇺🇦 CAR delivered Black Sea · whites premium | CFR Black Sea whites | White sugar premium over raws (refining margin proxy) |
Origin notes are qualitative context. Dollar differentials are not shown, because no public differential series is attached.
Track physical flows on the live vessel map →Open
17.24
Range high
18.60
Range low
14.06
Prev Close
17.24
1W
—
1M
+20.59%
1Y
+10.81%
5Y
-4.65%
Exchange
ICE
6-month range
Annualised volatility 37%Low 1.361Now 18.60 · 31%High 56.25
In other units
Converted from 18.60 USc/lb · indicative FX
USD/lb
0.186
USD/kg
0.410
USD/t
410.00
EURc/lb · FX conversion, not an exchange quote
17.11
About Sugar #11
Sugar #11 is traded in the agriculture segment. The series on this page is the named public source, not a live feed. Physical parcels of Sugar #11 can be sourced or placed through the Off Market desk, listed openly on the Marketplace, or intermediated by a specialist broker.
AgricultureICEUSc/lb+7.89% vs prior
Top producers
1. Brazil2. India3. Thailand4. China
Principal uses
- Food & beverage
- Ethanol (Brazil)
- Industrial