World sugar prices today

The world Sugar price today (September 07, 2026) is currently trading at 18.02 UScents/lb, equivalent to approximately 10,359,171 VND/ton. According to market data, this price recorded a change of +0.27670171555064% compared to the previous trading session; however, in terms of absolute value compared to September 06, 2026 (18.07 UScents/lb), the price decreased by 0.05 UScents (equivalent to a decrease of about 28,744 VND/ton).

In the context of the international agricultural commodity market, sugar prices are undergoing an adjustment after a period of volatility. Specifically, the trading range of sugar prices over the past 30 days has been between 16.42 and 18.70 UScents/lb (equivalent to 9,439,378 - 10,750,084 VND/ton). The average price for the current month is maintaining at 18.18 UScents/lb (approximately 10,451,151 VND/ton), significantly higher than last month's average of 16.74 UScents/lb.

In the Vietnamese market, world sugar price developments in the early days of September show a gradual downward trend from the peak of 18.70 UScents/lb set on September 02 to the current level. This decline could directly impact import sugar prices and raw material costs for domestic food production enterprises. Closely monitoring the 18 UScents/lb price threshold is a key factor for business entities to make appropriate trading decisions during this period.

On the international market, Sugar is traded in lb units and quoted in UScents.

Sugar belongs to the Agricultural products group. This is one of the most commonly traded commodity groups on global commodity exchanges.

The current Sugar price trend is recording an upward momentum with the trading price reaching 18.38 UScents/lb as of September 09, 2026. In the Vietnamese market, this price is equivalent to approximately 10,565,841 VND/ton, an increase of 0.01 UScents (approx. +5,749 VND) compared to the previous session, corresponding to a change rate of +0.05%. This is a sign that sugar prices are maintaining a high range and have a steady upward trend in the current trading cycle.

Market data analysis shows clear growth as the current monthly average price reaches 18.19 UScents/lb (approx. 10,456,619 VND/ton), significantly higher than the previous month's average of 16.74 UScents/lb. Over the past 30 days, sugar has fluctuated within a range of 16.42 to 18.70 UScents/lb, indicating that purchasing power is consolidating and pushing the price level of this agricultural commodity to new highs.

In recent trading sessions, sugar prices broke out from 18.07 UScents/lb on September 08 to the 18.38 UScents/lb mark on September 09. This recovery occurred after a series of days maintaining around the 18.01 - 18.07 UScents/lb threshold since early September, demonstrating the positive growth momentum of world sugar prices, which directly impacts import values and commodity trading in Vietnam.

Sugar prices are an agricultural commodity influenced by many complex factors, primarily revolving around global supply and demand dynamics.

• Supply Factors: Production from major producing countries such as Brazil, India, Thailand, the EU, and China plays a pivotal role. Weather is a critical factor, with phenomena like El Niño or La Niña potentially causing droughts or floods, severely affecting sugarcane or sugar beet yields. Additionally, production costs (fertilizer, fuel, labor) and global inventory levels also directly impact supply.
• Demand Factors: Demand for sugar consumption primarily comes from the food and beverage industry. A key specific factor is the demand for ethanol production, especially in Brazil. When crude oil prices rise, converting sugarcane into ethanol becomes more attractive, reducing the supply of sugar to the market and vice versa. Population and income growth in emerging markets also contribute to long-term demand increases.
• Policy and Macroeconomics: Government policies such as subsidies, tariffs, import-export quotas, and biofuel regulations can significantly alter the supply-demand balance. Exchange rates, particularly the Brazilian Real against the US Dollar, affect Brazil's export competitiveness. Global crude oil prices, inflation, interest rates, and geopolitical events also contribute to price volatility by affecting production costs, transportation, and market sentiment.

Currently, sugar prices are showing a range-bound trend within a certain margin after a period of high volatility. Global supply and demand factors remain the primary focus. Regarding supply, Brazil, the largest producer, is entering its main harvest phase with a fairly positive sugarcane yield outlook. However, the ratio of sugarcane converted to ethanol production instead of sugar will be the decisive factor for the volume of sugar exported to the market. India, the second-largest producer, is also expected to have a good crop, but the government's export policies will significantly affect global supply.

Macro factors continue to dominate market sentiment. High crude oil prices may encourage Brazilian mills to prioritize ethanol production over sugar, thereby limiting sugar supply. The strength of the USD is also a key factor, as a stronger USD makes sugar more expensive for buyers using other currencies, potentially impacting demand. Additionally, extreme weather events such as El Niño or La Niña in the future pose potential risks to key sugarcane-growing regions.

From a technical perspective, sugar prices are trading near key support/resistance levels. Based on the fundamental and technical analyses above, we forecast that sugar prices in the near future may maintain a sideways trend within a specific range. The possibility of a sharp increase will depend on tightening supply from Brazil due to ethanol conversion or changes in India's export policy toward restrictions. Conversely, if global production exceeds expectations and demand does not grow strongly, prices could face downward pressure. Investors should continue to closely monitor production reports from major countries and crude oil price developments.

At the current time, the Sugar market is showing many factors leaning towards downward pressure; therefore, investors should be cautious with new long positions and consider profit-taking or short selling if there are clear signs of weakness.

Fundamental Analysis:

• Abundant supply from Brazil: Brazil, the world's largest sugar producer, is experiencing a bumper crop. Sugar production from Brazil's Center-South region has continuously reached record highs thanks to favorable weather conditions and a high cane-to-sugar conversion rate, creating a large supply in the global market.
• India's export policy: Although India has restricted sugar exports to ensure domestic food security, the price-supportive impact of this policy is being overshadowed by strong supply from Brazil.
• Crude oil prices: Relatively stable or slightly declining crude oil prices reduce the incentive to convert sugarcane into ethanol production in Brazil. This means more cane is used to produce sugar, contributing to increased supply.
• Global surplus forecast: Major organizations such as the ISO and USDA are both forecasting a global sugar surplus for the current marketing year, putting pressure on prices.

Technical Analysis:

• Sugar prices have experienced a strong previous rally and are currently showing signs of stalling or correcting.
• Technical indicators may show a weakening of the upward momentum, with prices testing key support levels. A break below these support levels could trigger a further sell-off.
• Trading volume should be monitored to confirm the trend. High volume accompanied by falling prices will strengthen the sell signal.

Recommendation:

Given the current fundamental and technical factors, downside risks appear to prevail. Investors should closely monitor the latest production reports from Brazil, India's export policies, and crude oil price movements. Always set clear stop-loss levels and avoid going against a clear market trend.