Sugarcane| Sugar prices have been on an uptrend since hitting a three year low of

October 8, 2016 10:55 AM | Skymet Weather Team

Sugar prices have been on an uptrend since hitting a three year low of 23,000 per tonnes last July in domestic markets. Prices have increased by more than 14% since March 2016. A global sugar deficit drove up prices in international market as well. Sugar production is estimated to have declined 11% to 25.2 million tonnes in 2015-16 season.

Information source: www.skymetweather.com

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