Sugar prices to United States of America reached a maximum in 12 years

Moscow. September 13. information agency "Interfaks" - the Prices of sugar raw during auctions to United States of America on Wednesday reached $0,27 for pound that is a maximum level for the last 12 years, reports Trading Economics. It is caused by fears of rather insufficient volumes of deliveries in the world market. Weak precipitation in the main regions of growth of a sugar cane to India can lead to decrease in a crop. Potentially it can push Government of India to introduction of a ban on sugar export for the first time in seven years against measures for inflation control in the country, experts note. Thus the high prices on...