Sugar prices have reached an all time high! This hike is directly linked to slumps in India’s sugar yields which dropped from 309 lakh tonnes in the previous year to roughly 299 lakh tonnes in the early months of 2022-23. On a global level, countries like Thailand, China and Pakistan are witnessing similar trends in their sugar stocks.
In other news, Snap, the parent company of the social media app Snapchat, is going all-in on wooing Gen Z and attracting new customers! What's the deal here?
Tune in to The Signal Daily to know more!
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The Bittersweet Spike in Global Sugar Prices