Articles for Sugar Prices

Sugar prices are rising worldwide after El Niño-linked weather damaged crops in Asia
1 year, 1 month ago

Sugar prices are rising worldwide after El Niño-linked weather damaged crops in Asia

LA Times  

Abba Usman sells granulated sugar at his shop in Abuja, Nigeria, on Oct. 27. Sugar worldwide is trading at the highest prices since 2011, mainly due to lower global supplies after unusually dry weather damaged harvests in India and Thailand, the world’s second- and third-largest exporters. The United Nations Food and Agriculture Organization is predicting a 2% decline in global …

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Sugar prices are rising worldwide after bad weather tied to El Nino damaged crops in Asia
1 year, 1 month ago

Sugar prices are rising worldwide after bad weather tied to El Nino damaged crops in Asia

Associated Press  

Skyrocketing sugar prices left Ishaq Abdulraheem with few choices. Indonesia — the biggest sugar importer last year, according to the United States Department of Agriculture — has cut back on imports. Sugar worldwide is trading at the highest prices since 2011, mainly due to lower global supplies after unusually dry weather damaged harvests in India and Thailand, the world’s second- …

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This penny stock is up 150% in a year. Here’s why it has more room to grow
1 year, 1 month ago

This penny stock is up 150% in a year. Here’s why it has more room to grow

Live Mint  

The Indian stock market is in the middle of a correction with benchmark indices Sensex and Nifty falling for more than six sessions in a row. Let’s find out… #1 NCLT Dismisses Petition Yesterday’s rally of over 9% is attributed to the National Company Law Tribunal dismissing a petition against Bajaj Hindusthan Sugar. This bodes well for top sugar companies …

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India curbs sugar exports to ensure supply, stabilize price
2 years, 6 months ago

India curbs sugar exports to ensure supply, stabilize price

Associated Press  

NEW DELHI — India is restricting its sugar exports to 10 million tons in the current season to help maintain domestic availability and keep prices stable. In the current June-October sugar season, contracts for export of about 9 million tons have been signed and 7.8 million tons were already exported, the government said in a statement. It is allowing private …

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Explained | Why is India challenging WTO verdict on sugar?
2 years, 11 months ago

Explained | Why is India challenging WTO verdict on sugar?

The Hindu  

The story so far : India this week filed an appeal with the Appellate Body of the World Trade Organization disputing a verdict by the WTO’s dispute settlement panel last month on sugar subsidies. The WTO’s dispute settlement panel had ruled that India, by subsidising sugar producers, was breaking rules framed under the General Agreement on Tariffs and Trade which …

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World Food Prices Fall in June for First Time in a Year: UN Food Agency
3 years, 5 months ago

World Food Prices Fall in June for First Time in a Year: UN Food Agency

News 18  

World food prices fell in June for the first time in 12 months, pushed lower by declines in vegetable oils, cereals and dairy products, the United Nations food agency said on Thursday. The FAO’s food price index, which measures monthly changes for a basket of cereals, oilseeds, dairy products, meat and sugar, averaged 124.6 points last month versus a revised …

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