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India lifts sugar export ban after a year, causing global prices to fall
India lifts sugar export ban after a year, causing global prices to fall
  • India to export 1 million tons of sugar to stabilize domestic prices and support sugar mills.
  • The move comes as India grapples with a surplus of sugar stocks and aims to prevent a domestic glut.
  • Global sugar prices fell by over 1% on Monday following the announcement of India allowing exports.
January 20, 2025

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