Intercontinental Exchange IncICE
▲ PositiveDemandrelevance
ICE reports record open interest in sugar markets, indicating strong trading activity and demand for its products.
Impact on stocks 1
Carbon Removal (DAC)
Intercontinental Exchange IncIntercontinental Exchange announced that its global sugar markets hit record open interest of over 2.3 million contracts on August 14, 2026, up 43% year-over-year and surpassing the previous record set in February 2010. The record was driven by ICE Sugar No. 11, the global benchmark for raw cane sugar, with record open interest of 2.2 million contracts, and ICE White Sugar, the benchmark for refined sugar, with record open interest of 188,000 contracts. Matthew Ryan, Senior Director of Soft Commodities at ICE, attributed the surge to shifting supply and demand balances, a strong El Niño forecast through January 2027, and uncertainty around major producing regions. Open interest across ICE's broader agricultural complex is up 46% year-over-year, with cocoa up 65%, cotton up 76%, canola up 68%, and coffee up 8%, while average daily volume across the complex is up 28% year-to-date.
Intercontinental Exchange IncICE reports record open interest in sugar markets, indicating strong trading activity and demand for its products.