The rally was underpinned by India’s move to allow up to 1 million tons of duty-free raw sugar imports, but weakening domestic prices have since tempered expectations for overseas purchases

The rally was underpinned by India’s move to allow up to 1 million tons of duty-free raw sugar imports, but weakening domestic prices have since tempered expectations for overseas…

Global sugar prices rose sharply in August, driven by adverse weather and El Nino impacts. Lower production in Europe and Asia contributed to the significant price increase. …