In a small saucepan, combine sugar with ½ cup water. Bring to a boil, swirling to dissolve sugar; boil, swirling occasionally (do not stir), until just golden and honeylike. Remove from heat and slowly whisk in coconut milk (mixture will bubble furiously).
Recipe by This Week for Dinner at https://thisweekfordinner.com/coconut-caramel-sauce-and-pineapple-satay/