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FAO: world sugar prices rose 3.4%
The average value of the FAO index of prices on sugar in October 2016 amounted to 315,3 points, which is 10.5 points (3.4 percent) higher than in September, according to "Ukrtsukor"
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According to the report, growth continues for the sixth consecutive month. The current surge in international sugar prices is largely associated with lower sugar cane harvest due to abnormal drought, which was established in the Central-southern regions of Brazil, where the main focus sharepointsite.

FAO analysts report that rising prices also contributed to information about crop failure in India, especially in Maharashtra, focused on primary production. At the same time, to meet the demand for sugar in India will have to import it.



Translated by service "Yandex.Translation"
Источники: Latifundist.com
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