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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
Rising global production set to keep sugar prices subdued
October 29, 2024