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).
110,134
▲ 41.3%
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.
Bullish

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
Aug 25, 2026 Bullish 110,134 364,998 254,864 506,126 664,057
Aug 18, 2026 Bullish 77,952 325,076 247,124 506,152 629,140
Aug 11, 2026 Bullish 27,387
Aug 04, 2026 Bearish -68,468 278,300 346,768 493,346 433,827
Jul 28, 2026 Bearish -84,629 267,954 352,583 493,792 412,589
Jul 21, 2026 Bearish -64,490 268,757 333,247 478,396 417,781
Jul 14, 2026 Bearish -62,145 270,018 332,163 477,149 418,886
Jul 07, 2026 Bearish -59,273 263,310 322,583 464,352 408,937
Jun 30, 2026 Bearish -96,730 243,120 339,850 481,255 387,538
Jun 23, 2026 Bearish -134,422 215,963 350,385 512,280 375,169
Jun 16, 2026 Bearish -116,696 219,683 336,379 516,733 396,894
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