COMMODITY SUBSCRIPTION · SCOPE & METHOD · NOT AN OFFER
SugarSubscription Report
HS 1701 · both
NINE PAGES · REGISTRATION OPEN · NO FEE IS BEING COLLECTED YET
PRICE BASIS · CUSTOMS RECORD · COUNTERPARTY REGISTER — READ FROM FREE, CITED SOURCES
01The record on this commodity
02What it is, and what H-α does with it
03The nine pages, what each does, and a line from each
COMMODITY SUBSCRIPTION REPORT · PREPARED BY H-α TRADE INTELLIGENCE
2026-11-07
H-α · TRADE INTELLIGENCE
Sugar Subscription Report
THE RECORD
I.The record on this commodity
| WHAT IS HELD | COUNT | BASIS |
|---|
| Buyers | 817 | named companies |
| Sellers | 821 | named companies |
| Countries | 120 | in the record |
| Ports | 126 | worked by the book |
| Customs lanes | 627 | cut from declarations |
| Declarations | 14,693 | latest year, on those lanes |
| Prices | 5 | legs on the desk |
| Pursuit lanes | 608 | lanes on the board |
| Freight routes | 18 | bulk · drawn |
| Port hubs | 136 | on the land map |
| Specifications | 3 | in the grade table |
| Named sources | 2 | all free to consult |
THE COMMODITY
II.What Sugar is, and what H-α does with it
Sugar trades as raws and as whites, and the two price against different terminal contracts — New York No. 11 for raw, London No. 5 for white — with the white premium between them being the refining margin the trade watches. Brazil, Thailand, India, Australia and Guatemala carry export supply; Indonesia, China, the United States, Algeria, Bangladesh and West Africa carry demand. Grade is ICUMSA colour: 45 for white refined, 150 for sparkling white, 600 and 1200 for raw. Brazilian mills switch between sugar and ethanol on relative price, which is the supply side's principal swing.
What the subscription does with it
The subscription reads the declared record on the raw and refined headings separately, keeps mills, refiners, traders and importers in one book with the port each works, and audits a proposed trade against the registry's own specification set — polarisation, ICUMSA colour, moisture — with each grade's valid origins, cargo sizes and vessel class. Raw moves bulk and refined moves bagged in boxes; the freight leg is computed on the mode the grade actually uses.
THE NINE PAGES
III.The nine pages, what each does, and a line from each
OPEN01Market Today
410.00 USD/MT · International Sugar Agreement (ISA) daily price, raw, f.o.b. and stowed at greater Caribbean ports · World Bank Pink Sheet · print 2026-09
OPEN02Intel
Sugar, EU (World Bank Pink Sheet) · 380.00 · World Bank Pink Sheet 'Sugar, EU' — no Description line in the sheet; no basis claimed here · World Bank Pink Sheet · print 2026-09
OPEN03Customs
AR → CL · 3,685 declarations · unit value median 546.09 · last seen 2026-07-28
OPEN04Register
one register record · buyer · CN · zhanjiang · very_large
OPEN05Trade Audit
Polarization % baseline 96.0 · 3 specs checked: polarization pct, icumsa color, moisture pct
OPEN06Pursuit
CO → NL · still needs recent trade, named parties
OPEN07Deal Maker
insurance % of CIF 0.055 · discharge USD/MT 0.55 · destination inland USD/MT 1.2 · typical cargo MT 50000
OPEN08Freight
paradip → new-orleans · bulk · High volume · 276 sellers · 133 buyers
OPEN09Logistics
no line can be drawn for this page on any commodity yet