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Sugar can be one of the most volatile commodities that trade on the futures exchange. Since the 1970s, the trading range in sugar futures on the Intercontinental Exchange has been from 2.29 to 66 cents per pound. The last significant peak in the sugar futures arena occurred in 2011 when the sweet commodity reached 36.08 cents per pound. The most recent low was in 2018 at 9.83 cents. At around the 12.70 level on November 18, the nearby sugar futures contracts are closer to the low than the high over the past years.