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Sugar Prices Rise Due to Brazil's Real Strength and Reduced Indian Sugar Production | #agro commodities

Sugar Prices Rise Due to Brazil's Real Strength and Reduced Indian Sugar Production

Sugar Prices Rise Due to Brazil's Real Strength and Reduced Indian Sugar Production

Brazil is the world’s largest sugar exporter, accounting for nearly 40% of global exports. As the Brazilian Real strengthens against the US Dollar, Brazilian sugar becomes more expensive for international buyers who trade primarily in dollars.

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