sugar prices

Sugar Prices Soar to 11-Year Highs: Causes, Implications, and Future Outlook

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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

The Correlation between Sugar and Petroleum Prices: An Analysis of International Prices and Sugar Exports from Brazil

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Understanding the Relationship between Two Key Commodities Sugar and petroleum prices are two of the most important factors affecting the global economy. Their prices have a significant impact on various industries and can drive inflation in many countries. However, the prices of these two commodities are closely interdependent, and the global market often witnesses a … Read more