What is the price of molasses per kilogram/pound in Singapore today?
The retail price range for Singapore molasses is between US$ 0.88 and US$ 1.51 per kilogram or between US$ 0.40 and US$ 0.68 per pound(lb). Click here to see today's exact prices of molasses in Singapore
The retail price range in Singapore Dollar for molasses is between SGD 1.18 and SGD 2.03 per kilogram or between SGD 0.53 and SGD 0.92 per pound(lb) in Singapore and Bishan.
Wholesale prices
In 2025, the approximate wholesale price range for Singapore molasses is between US$ 0.61 and US$ 1.05 per kilogram or between US$ 0.28 and US$ 0.48 per pound(lb).
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Singapore Molasses Export Prices - Historical, Trends and Prediction
The export price per kilogram of Molasses from Singapore has seen a steady increase over the last five years. In 2017, the price was 6.13 US dollars per kg, followed by 6.38 US dollars per kg in 2018. In 2019, the price dropped to 5.00 US dollars per kg, before increasing to 4.40 US dollars per kg in 2020. The price then decreased to 2.87 US dollars per kg in 2021. Based on this trend, it is predicted that the export price per kilogram of Molasses from Singapore will be 3.45 US dollars per kg in 2023 and 4.22 US dollars per kg in 2024.The Singapore molasses exports are categorised as:
- Cane molasses resulting from the extraction or refining of sugar (HS code 170310)
- Beet molasses resulting from the extraction or refining of sugar (HS code 170390)
Singapore Molasses Import Prices - Historical, Trends and Prediction
The import price per kilogram of Molasses into Singapore over the last five years has been quite volatile. In 2017, the price was 6.13 US dollars per kg, which was the highest in the five year period. This was followed by a decrease to 6.38 US dollars per kg in 2018. In 2019, the price dropped to 5.00 US dollars per kg, and then further decreased to 4.40 US dollars per kg in 2020. The lowest price in the five year period was recorded in 2021, at 2.87 US dollars per kg. Based on this trend, it is predicted that the import price per kilogram of Molasses into Singapore in 2023 will be around 2.50 US dollars per kg, and in 2024 it will be around 2.00 US dollars per kg.Export values for Singapore molasses
The total values in export for molasses in Singapore were US$ 457, US$ 141, US$ 268 and US$ 70 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Singapore: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of molasses in other countries across Asia: Kazakhstan molasses, Kyrgyzstan molasses, Tajikistan molasses, Turkmenistan molasses, Uzbekistan molasses, China molasses, Hong Kong molasses, Macao molasses, North Korea molasses & Mongolia molasses.
Singapore molasses - Production, Exports, Imports, Seasons and HS Codes
The quantity of molasses exported by Singapore in 2020 was 15 tons. In 2019 Singapore sold 14 tonnes of molasses. In 2019 alone, the market for Singapore molasses (processed category) has gone down, recording a change of -66.667 pc compared to the year 2018. Between 2017 and 2019, molasses' exports decreased by -39.13 pc earning the nation US$0.07m for the year 2019. Singapore's molasses exports are classified as:
- Cane molasses resulting from the extraction or refining of sugar (HS code 170310)
- Beet molasses resulting from the extraction or refining of sugar (HS code 170390)
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Singapore molasses export values
In 2019, Singapore supplied molasses valued at 0.07m USD, a drop of -73.88% from 2018's total molasses export of 0.268m USD. The yearly change in value of Singapore molasses between 2017 to 2018 was 90.071 pc.
The annual change in the quantity of Singapore's molasses exports between 2017 and 2019 was -39.13 per cent in comparison to a variation of -66.667% in the period between 2018 and 2019.
Export markets for Singapore molasses ( in '000$ )
Singapore's leading export markets for molasses are Indonesia, Malaysia, India, Bangladesh and French Polynesia.
Singapore procured 1,306 tonnes of molasses in 2019.