Full trading conditions >>
|Product Type: Commodity||Subtype: Agriculture|
|Country: United States (US)||Currency: USD|
|Trading Hours: According to market||Measurement Unit: Pound (lb)|
Sugar is a soft commodity available to trade like similar agricultural products such as rice. Its price determines as a function of the market as a whole. Sugar is an essential raw material for many household names, including confectionery manufacturers, bakery products like Nestle, beverage providers and breakfast cereal manufacturers such as Coca-Cola Company or Kellogg Company.Around 160 metric tons of sugar produced every year. The largest producers are Brazil, the European Union and Brazil. The US is the world’s second-largest net sugar importer.