Sugar Prices Consolidate, Global Surplus Looms

Sugar prices remain stable as India mulls ethanol price hike, potentially reducing global supply. However, a predicted surplus in the upcoming season, driven by increased production in India, Thailand, and Pakistan, is putting downward pressure on prices. Brazils record production and talk of a global sugar surplus are also contributing to the price slump.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.