Sugar Price Forecast 2024. On september 20th, 2024, sugar confirmed our bullish silver forecast 2025 after it bounced sharply from its critical $18 cents per pound level. On 30 september, the commodity traded at usd 22.21 cents per pound, up 15.1% from 30 august.

The expected eu sugar production forecast and the influx of ukrainian sugar exports into the eu are exerting downward pressure on sugar prices, see figure below. Margin between beet cost and sugar prices.