Sugar #11 (SB): COT Report, Price & Analysis SB

Track how "Smart Money" institutions are positioning themselves in Sugar #11 (SB). By analyzing the latest Commitments of Traders (COT) data from the SUGAR NO. 11 - ICE FUTURES U.S., with real-time price charts and sector comparisons, we provide a deep dive into the current market dynamics. Understanding these underlying shifts allows you to better anticipate where the market might be heading next.

About Sugar #11 (SB)

About Sugar

Sugar (#11 contract) represents raw cane sugar, a universally traded soft commodity. It is primarily produced in tropical climates, with Brazil and India dominating global exports.

Primary Usage

It is a universal sweetener in the food and beverage industry. Crucially, in Brazil, sugarcane is also the primary feedstock for ethanol (biofuel) production.

Market Dynamics & Key Drivers

  • Energy Prices: Because Brazilian mills can switch between producing sugar or ethanol based on profitability, crude oil prices indirectly set the floor for sugar prices.
  • Monsoon Seasons: India's sugar production depends heavily on the success of the annual monsoon rains.
  • Government Interventions: Export quotas and subsidies in major producing nations frequently distort global supply.
Price
$14.26 / lb Pound (lb) is a unit of weight equal to 16 ounces or approximately 0.453 kilograms.
Apr 08, 2026
Market Sentiment
Increasing Bullish
Outlook
Net Position
Net Position: Difference between long and short contracts of Non-Commercials (large speculators/funds). A positive value means they are predominantly net-long (expecting rising prices).
-105,058
▲ 2.0%
Market Situation
The market situation analyzes the current net positioning compared to the historical average of recent years (Z-Score). This helps to identify extreme market conditions.
Bearish

Sugar #11 (SB) Price Chart

COT Charts

Positioning History

commercial and non-commercial positions
Date Position Net Position
Difference between Non-Commercial Long and Short
Non-Comm. Long
Speculators & funds betting on rising prices
Non-Comm. Short
Speculators & funds betting on falling prices
Comm. Long
Hedgers/producers hedging against rising prices
Comm. Short
Hedgers/producers hedging against falling prices
Jun 09, 2026 Bearish -105,058 225,149 330,207 513,549 407,134
Jun 02, 2026 Bearish -107,163 219,289 326,452 500,138 393,439
May 26, 2026 Bearish -79,750 238,727 318,477 490,877 412,585
May 19, 2026 Bearish -78,909 240,256 319,165 487,110 415,665
May 12, 2026 Bearish -97,418 227,427 324,845 485,552 399,493
May 05, 2026 Bearish -95,519 247,159 342,678 481,686 396,712
Apr 28, 2026 Bearish -143,951 221,030 364,981 501,949 366,660
Apr 21, 2026 Bearish -155,841 193,071 348,912 535,845 383,002
Apr 14, 2026 Bearish -134,969 180,153 315,122 538,547 405,105
Apr 07, 2026 Bearish -70,753 193,215 263,968 487,724 420,470
Mar 31, 2026 Bearish -65,117 192,731 257,848 482,933 433,296
Mar 24, 2026 Bearish -95,804 205,205 301,009 482,040 405,711
Mar 17, 2026 Bearish -207,755 192,309 400,064 531,142 331,074
Mar 10, 2026 Bearish -208,755 198,364 407,119 531,749 325,085