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17-05-2023, 08:03 AM
Debarshi Dasgupta
India Correspondent
UPDATED MAY 16, 2023, 7:09 PM SGT
NEW DELHI – Sugar prices across the world could soar further due to a decline in production in India – the commodity’s largest producer – and export restrictions imposed by the government.
Global prices have already been rallying near their highest level in more than a decade, with a pound of raw sugar currently trading at nearly 26 US cents, up from around 17 US cents in May 2013.
https://www.straitstimes.com/asia/south-...port-curbs
India Correspondent
UPDATED MAY 16, 2023, 7:09 PM SGT
NEW DELHI – Sugar prices across the world could soar further due to a decline in production in India – the commodity’s largest producer – and export restrictions imposed by the government.
Global prices have already been rallying near their highest level in more than a decade, with a pound of raw sugar currently trading at nearly 26 US cents, up from around 17 US cents in May 2013.
https://www.straitstimes.com/asia/south-...port-curbs
