FX & Commodity Almanac

ECB fixings to 16 Oct 2026 · World Bank prices to September 2026

Grains & softs · World Bank monthly average

What is the Sugar (world) price and how has it changed?

Sugar (world) averaged 0.41 US dollars per kilogram in September 2026, according to the World Bank Pink Sheet. That is 7.9% above Aug 2026 and 17.1% above Sept 2025, and in the top quarter of all monthly averages since January 2000.

Sept 2026 average
0.41$/kg · US dollars per kilogram
Month on month
▲ +7.9%from 0.38 in Aug 2026
Year on year
▲ +17.1%from 0.35 in Sept 2025
12-month range
0.31–0.41low Feb 2026 · high Sept 2026

The last five years

Sugar (world), monthly average price, last five yearsSugar (world) from 0.43 $/kg in Sept 2021 to 0.41 in Sept 2026; five-year high 0.58 (Sept 2023), low 0.31 (Feb 2026). 0.300.350.400.450.500.550.60 20222023202420252026
Monthly averages, Sept 2021 – Sept 2026, $/kg. Yellow dot: latest month.

What the record shows

  1. Over five years the price ranged from 0.31 (Feb 2026) to 0.58 (Sept 2023). Sept 2026 sits 37% of the way from that low to the high.
  2. Since January 2000 the record high is 0.65 (Jan 2011) and the low 0.11 (Mar 2000). The latest month is higher than 75% of the 321 monthly averages in that span, in nominal dollars (not adjusted for inflation).
  3. The highest full-year average since 2000 was 2011 (0.57); the lowest was 2002 (0.15).
  4. Annualised volatility of monthly changes over the past five years was 19.0%, lower than the 25.3% for the whole record since 2000. Monthly averages smooth out intra-month swings, so daily markets move more than this.
  5. Five years earlier, in Sept 2021, the average was 0.43: the price is 4.7% below that level.

Yearly averages

Sugar (world) yearly average, change, high month and low month
YearAveragevs prior yearHighest monthLowest month
2026 9 mo. 0.34 ▼ −8.4% 0.41 Sep 0.31 Feb
2025 0.37 ▼ −17.2% 0.42 Feb 0.32 Nov
2024 0.45 ▼ −12.9% 0.50 Feb 0.41 Aug
2023 0.52 ▲ +26.8% 0.58 Sep 0.42 Jan
2022 0.41 ▲ +4.5% 0.43 Apr 0.39 Feb
2021 0.39 ▲ +37.6% 0.43 Aug 0.34 Jan
2020 0.28 ▲ +1.5% 0.33 Feb 0.23 Apr
2019 0.28 ▲ +1.2% 0.30 Dec 0.26 Sep
2018 0.28 ▼ −22.1% 0.31 Jan 0.24 Aug
2017 0.35 ▼ −11.1% 0.45 Jan 0.31 Jun
2016 0.40 ▲ +35.0% 0.49 Oct 0.29 Feb
2015 0.30 ▼ −21.2% 0.34 Jan 0.25 Aug
2014 0.37 ▼ −4.1% 0.40 May 0.34 Jan
2013 0.39 ▼ −17.9% 0.42 Jan 0.36 Dec
2012 0.48 ▼ −17.2% 0.53 Feb 0.43 Nov
2011 0.57 ▲ +22.2% 0.65 Jan 0.48 May
2010 0.47 ▲ +17.3% 0.62 Dec 0.34 May
2009 0.40 ▲ +41.6% 0.52 Dec 0.28 Jan
2008 0.28 ▲ +27.4% 0.32 Aug 0.26 Jan
2007 0.22 ▼ −32.3% 0.24 Jan 0.20 Jun
2006 0.33 ▲ +50.0% 0.40 Feb 0.26 Oct

Average = simple mean of the monthly averages published for that year. Rows in italics are incomplete years. Table shows 2006 onward; the charts and statistics use the full record from Jan 2000.

Since January 2000

Sugar (world), monthly average price since January 2000Sugar (world) monthly averages from Jan 2000 to Sept 2026; highest 0.65 $/kg in Jan 2011, lowest 0.11 in Mar 2000. 0.10.20.30.40.50.60.7 200020032006200920122015201820212024
Monthly averages, nominal US dollars ($/kg).

Largest one-month moves since 2000

MonthFromToMove
Mar 20100.560.41▼ −26.8%
Sept 20100.410.50▲ +22.0%
Mar 20200.330.26▼ −21.2%
Jan 20060.290.35▲ +20.7%
Jun 20000.150.18▲ +20.0%

What exactly is being priced?

Sugar (world), International Sugar Agreement daily price, raw, f.o.b. and stowed at greater Caribbean ports. The World Bank publishes the series as a monthly average in US dollars per kilogram ($/kg). Benchmark definitions occasionally change, as noted above, so very long comparisons mix slightly different contracts. See commodity price units explained for converting units.

Sources