Raw Sugar Futures Drop 1.9% to 13.59¢

Raw Sugar Market Update

On Thursday, raw sugar futures continued to decline as lower energy prices and weaker Chinese demand weighed on the market. The July contract slipped 1.9% to 13.59 cents per pound, having touched a near two‑month low of 13.56 cents on Tuesday. Reduced energy costs are prompting cane mills to scale back ethanol fuel production while increasing sugar output, which adds further downward pressure on prices.

China, the world’s largest sugar importer, recorded a 36.8% drop in sugar imports in May compared with the same month last year, underscoring the weakening demand from this key market. Although concerns about potential production disruptions from El Niño weather patterns have provided some support, they have only prevented steeper price declines.

For August delivery, white sugar futures fell 1.5% to $445.30 per ton. The article was generated with AI assistance and reviewed by an editor, Jaiveer Shekhawat, and was published on 18‑06‑2026 at 10:42 pm.