Soaring sugar prices hit African nations the hardest
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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Disappointing harvests from some of the world’s biggest producers have pushed wholesale prices near the highest in more than 12 years in September.
(Bloomberg) -- Skyrocketing sugar prices are hitting some of Africa’s poorest nations particularly hard, forcing families and restaurants to forgo use of the ingredient that is core to local diets.Most Read from BloombergWhy a US Recession Is Still Likely — and Coming SoonOnce Unthinkable Bond Yields Now the New Normal For MarketsCongress Averts US Government Shutdown Hours Before DeadlineMcCarthy to Face Far-Right Attempt to Oust Him as House SpeakerSenate Voting on Bill to Avert US Government