World’s top sugar trader is having deja vu of an epic shortage thanks to non-contributory India
For global sugar markets, it’s beginning to look a lot like one of the worst shortages in history. Consecutive years of deficits, weather damage in key crops and shipping bottlenecks are reminding the world’s top sugar trading company of 2010 and 2011, when prices of the sweetener hit a three-decade high. “Current conditions are eerily … Read more