October 2026 Sugar No. 11 futures were quoted at 17.74 US cents per pound at 08:51:12 UTC (14:21:12 IST) on September 16, according to Yahoo Finance’s explicit October contract. The dollar equivalent is $0.1774 per pound.

Raw sugar near the observed low

The feed reported a low of 17.68 cents and a high of 18.05 cents. The quote was 0.06 cent above the low and 0.31 cent below the high. It therefore stood about 16.2% of the way up the reported 0.37-cent range, without establishing where the session would finish.

ICE’s specification sets a standard contract at 112,000 pounds and provides for physical delivery. Multiplying the quote by that quantity gives a notional value of $19,868.80. The difference between the captured high and low corresponds to $414.40 for the standard quantity, excluding fees, financing and delivery-related costs.

Not the same product as packaged white sugar

Sugar No. 11 is a raw-sugar benchmark. Refining, shipping, local taxes, currency movements and commercial terms can separate it from a domestic wholesale or supermarket price. A lower reading within this intraday range does not establish that any particular country’s consumer sugar price fell.

The matched September 15 October-contract reference was 17.94 cents, confirmed by dated vendor history and a separate contract table. The snapshot was 0.20 cent lower, a decline of 1.11%. That change equals $224 across the standard quantity before costs. This report uses the explicit October instrument instead of assigning a maturity from an ambiguous rolling-series label.

Further reporting should check the matching settlement and fresh primary evidence before attributing prices to cane output, ethanol allocation or export policy. This delayed observation is not September 16’s final settlement. AI assistance supported the arithmetic and source review; the article is general information, not a recommendation to trade.