Global sugar prices surge amid supply shortage concerns — experts weigh in
Global sugar prices has witnessed a remarkable surge in the past few weeks owing to concerns over shortage in supply with sugar prices trading at a four and half months high in New York and a 12-year highs in London. Last week, the world's largest sugar trader, Alvean, said it is expecting a sixth straight year of deficit in the next sugar season.
Source: cnbctv18.com