Theoretically, foreign sugar futures are priced in dollars. If the value remains the same and the dollar rises, the price will definitely fall. Then overseas sugar prices will affect domestic sugar futures, leading to a decline in futures prices.

However, in reality, the domestic sugar futures price has a great influence on the prices of traders and producers, or it is seriously manipulated by spot traders. Although there is influence abroad, it has little influence, so the rise of the US dollar has little influence on the domestic sugar price.