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Sugar prices hit 6-year high in India
short by Pragya Swastik / on Tuesday, 5 September, 2023
Sugar prices in India jumped by more than 3% in a fortnight to ₹37,760 per metric ton on Tuesday, their highest since October 2017. However, Indian prices are nearly 38% lower than the global white sugar benchmark. Sugar prices have jumped as limited rainfall in the country's key sugarcane growing regions raised production concerns for the upcoming season.
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