Sugar prices are expected to soar due to the export restrictions imposed by a number of key producing nations seeking to tame rising domestic food prices.
The impact of the Covid-19 pandemic, which seriously undermined global supply chains, has been dramatically aggravated by the crisis in Ukraine and the subsequent sanctions imposed on Russia. The conflict between the two major grain exporters has disrupted global supplies. A number of countries have moved to limit exports of other key commodities, putting global food security under threat, while risking further increases in the prices of agricultural products.
On Monday, Kazakhstan began a […]
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