Sugar markets separate raw cane sugar, refined white sugar and other products. ICE Sugar No. 11 is the raw-sugar reference contract; it is not a universal delivered price for every grade, origin or destination.
This release uses the current ICE Sugar No. 11 specification and the Codex Standard for Sugars. It reports contract and quality definitions—not a live physical quote or an unsupported global balance.
ICE Sugar No. 11 specifies physically delivered raw centrifugal cane sugar on an FOB receiver's-vessel basis. Refined white sugar and other sweeteners have different product standards and references. Atlas keeps those layers separate rather than presenting one number as every physical sugar price.
A comparable sugar lot identifies raw or refined form, cane or beet origin where relevant, polarization, colour or ICUMSA specification, moisture and other agreed quality limits. Codex CXS 212-1999 provides standardized product definitions for sugars intended for human consumption.
A defensible physical estimate requires origin, grade and quality, quantity, currency, Incoterm, load port or destination, delivery window, information vintage, basis and logistics evidence. If those observations or usage rights are absent, Atlas withholds the physical index rather than substituting a futures value or dated generic range.
No. It is the ICE raw-cane-sugar reference contract with specified quality, deliverable origins and an FOB delivery basis. Other grades and delivered destinations require their own physical evidence.
The current ICE specification states 112,000 pounds per contract.
ICE specifies raw centrifugal cane sugar based on 96 degrees average polarization.
Product form, cane or beet origin where relevant, polarization, colour or ICUMSA specification, moisture, quantity, currency, Incoterm, origin or destination, delivery window and evidence date.
Figures retain their source, period and review date. Corroboration is not promoted to primary evidence.