Sugar #11 Jul 24 (SB=F)
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- Benzinga
El Niño's "Sweet Tooth" Leads To Disruptions In Sugar Production And Action In The Markets
The global sugar market is likely to see a surge in prices in 2024 driven by an unusual dry spell in sugar-producing regions like India and Thailand. The dry spell is a knockdown effect of the climate pattern known as El Niño and is marked by above-average temperatures. Driven by warm ocean waters in the tropical Pacific, El Niño has caused extreme weather globally, leading to abnormally dry conditions in Asia and impacting sugar production. This effect leads some to say that El Niño has a “swee
- Yahoo Finance
Hershey's bitter ending to 2023 shows innovation will be key to success in 2024, says analyst
The Consumer Staples Select Sector is also under pressure.
- Yahoo Finance
Halloween spending expected to hit record high as sugar prices continue to rise
Consumers are still shelling out, tapping into their nostalgia this spooky season.
