Sugar Prices Soar to 11-Year Highs: Causes, Implications, and Future Outlook
Factors Driving the Sugar Price Surge Sugar prices have reached an 11-year high, with raw sugar prices at the Intercontinental Exchange (ICE) experiencing a 37% increase since January. The peak of 27.41 cents per pound last week can be attributed to short-term supply tightness and concerns over the potential impact of the El Nino climate … Read more