Green Pool Commodity News Today

Disappointing harvests from some of the world’s biggest producers have pushed wholesale prices near the highest in more than 12 years in September.

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For consumers fighting rampant food inflation, the plunging sugar prices will be a respite. The global sugar shortage had caused prices of the item to rise up to an 11-year-high.

India’s rice export ban is boosting prices around the world, increasing the risk of political instability in Asia and Africa, according to the head of a United Nations agency. Prices for the crop, a staple for half the world, surged to the highest in almost 15 years after the top shipper began curbing exports. India

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(iStock) A home-baking frenzy, stimulus checks and stockpiling all meant that global demand fared quite well last season, proving wrong some of the world’s top sugar traders Refiners in Indonesia, the world’s largest importer of raw sugar, are set to bring in 10% more this year, according to the nation’s Sugar Refiners Association Top consumer India will see consumption rebound by as much as a million tons this season Even with restaurants, cinemas and stadiums shut, p...

India is among the top sugar consumer, which will see consumption rebound by as much as a million tons this season, according to experts

A Global Sugar Binge Has Surprised Even the World’s Top Traders Bloomberg 1/23/2021 (Bloomberg) -- Even with restaurants, cinemas and stadiums shut, people kept binging on sugar. Popular Searches A home-baking frenzy, stimulus checks and stockpiling all meant that global demand fared quite well last season, proving wrong some of the world’s top sugar traders. What’s more, consumption is set to rebound to a record in the year that began in October, according to Tom McNeill, a director at...