Sugar prices slipped as India revealed a sharp rise in sugar production, calming worries about potential supply shortages. The market swiftly responded to forecasts highlighting increased output from the world’s second-largest sugar producer, Nasdaq reports
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
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
