India’s rice export ban sparks concern that sugar may be next

India’s sugar exports may be at risk as uneven rainfall across the country hinders sugar production, which is expected to fall for the second year in the season starting October. Global supplies are tight, and India has already restricted overseas sales of wheat and rice, which could result in a shortage and further global price increases.

Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News