India is gearing up to tackle its sugar surplus head-on by ramping up exports and expanding ethanol production. This strategic move aims to stabilize prices and provide much-needed support to farmers as stockpiles continue to grow, Reuters reports
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Sugar prices have surged dramatically as Brazil considers diverting more sugarcane toward ethanol production, squeezing the global supply tighter than ever. Experts warn this shift could spark a surge in sugar demand, driving prices to new heights