The sugar prices in India have been on an upward curve for past many months, and now raw sugar prices have touched a 11-year high. The decline in overall production, deteriorating weather, and volatile market conditions have contributed to the sweetener s price rise. aaa
Global sugar prices are on a tear as the tail end of India’s sugar season is seeing output slump, with the season’s output expected to fall short of estimates
Price hike of essentials: According to a report of the Consumers Association of Bangladesh (CAB), middle-income people have suffered the most throughout 2022 as the average annual inflation rate was 11.08 percent in Dhaka city that year.