UN's world food price index eases in December as sugar prices decline

Quick Summary:

Sugar prices led December's monthly decline, dropping 5.1 per cent month-on-month thanks to improving sugarcane crop prospects in the main producing countries to stand 10.

FAO did not provide a new forecast for global cereal production, with the next estimate due next month.

Talking stock: Will sugar turn sweeter in coming year as supply stabilises?

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Category: BusinessFinance

Markets: IndiaChina

Topics: Dairy prices FAO Inflation Food commodity prices Cereal prices Sugar prices World food price index Meat prices Global food prices Vegetable oils

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Article Type: News Report

Published On: 2025-01-03 @ 15:59:06 (4 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 399 words

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