World Head­ing for Big­gest Sugar Short­age

The Economic Times - - Commodities Plus -

The world may be head­ing for the big­gest short­age of sugar in seven years as drought saps pro­duc­tion across ma­jor pro­duc­ing coun­tries in Asia, traders said. Sup­ply may fall short of de­mand by 11.4 mil­lion tonnes of sugar in 2015-16 sea­son, the sec­ond-largest deficit on record.

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