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Sugar No 11

View indicative pricing and leverage information for Sugar No 11

Sugar No 11 chart

Sugar No 11 insights

Pivot points are a technical indicator that traders use to predict upcoming areas of technical significance, such as support and resistance. They're calculated by averaging the high, low and closing prices of a previous period. That could be a day, a week or a month.

If a market is trading above its previous pivot point (known as P), it is seen as a bullish signal. If it is below, it is bearish.

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Last updated 8/28/2026, 5:00:00 PM

Support and resistance levels are a core part of technical analysis, providing crucial insight into possible future price reversals.

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Sugar No 11 overview

Sugar No 11 is the name of futures contract that is considered the benchmark for all futures and options contracts of sugar traded on the Chicago Mercantile Exchange (CME).

Sugar production takes place mostly in tropical and subtropical climates in countries like Brazil, India, China, Thailand and Australia. While changes in climate are the most significant variables to sugar production, other factors also influence the commodity’s price. Government regulation of sugar content in foods or product labelling in large markets can change the demand for sugar. Sugar’s increasing use in biofuel production also influences its price.

A single contract of sugar represents 112,000 pounds of unrefined can sugar.

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Commodities explained

How do I calculate margin when trading commodities?

Margin is calculated by applying the required margin percentage to the total value of a position. 

For example, a position worth 5,000 with a 10% margin requirement would require 500 in margin.

The total position value depends on the instrument used, such as CFDs or spread betting.

Learn more about how to trade commodities.

Can anyone trade commodities?

Commodity trading is available to individuals who meet the requirements to open a StoneX Trading account. 

As leveraged products are typically used, trading commodities involves a higher level of risk compared to traditional investing.

With StoneX Trading, you can trade commodities alongside stocks, indices, forex and more – all on a single platform with one login. All StoneX Trading clients get access to our full range of commodities, including 25+ commodities.

To get started, open your trading account.

Is commodity trading suitable for beginners?

Commodity trading can be suitable for beginners, provided the risks are understood and a clear trading approach is in place.

demo account can be used to practise trading with virtual funds before moving to live markets.