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El Nino set to generate first global sugar supply deficit in 6 years

Friday, July 31, 2015 - 05:50


AN El Nino weather pattern damaging sugar crops may mean global demand will outstrip production to a greater extent than expected in the upcoming season, hastening a rebound in prices from a 61/2-year low hit last month.

Drought has begun to threaten production in No 2

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