- 2 cups water - 4 cups granulated sugar - mild molasses Bring the water to a boil in a large saucepan. Add the sugar and stir with a whist until dissolved, about 1 minute (the water should become clear such that you can see the bottom of the pot). Stir in the molasses. Immediately remove from heat and let cool. Pour into a lidded bottle and store in the refrigerator. The syrup will keep, refrigerated, for several weeks.