Raw sugar futures have staged their own Santa rally and are trying to end 2022 with new highs. This is impressive because almost all other commodities are sideways to lower. Global sugar production hasnaEUR(TM)t changed in more than 10 years. In 2023 for the first time ever global sugar consumption will exceed 175m Tonnes. India is the worldaEUR(TM)s largest sugar producer and so is really quite important.
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