Global sugar prices climbed this week as markets reacted to signals that Indiaโone of the worldโs major sugar exportersโmay reduce its export volumes for the upcoming season.
Read MoreIndiaโs sugar industry has seen improved output in several key growing regions, supported by favorable weather conditions and expanded cultivation.
Read MoreAccording to market participants, informal syndicates are allegedly playing a role by controlling supply flows and influencing wholesale prices. Traders claim that stocks are being released selectively, creating artificial shortages and driving prices higher.
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