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Sugar prices rises to highest since 2011 on worries about shortages

By Mumbi Gitau

White sugar futures rose as much as 4.3% on Tuesday, reaching the highest levels since 2011, as concerns over limited global supplies increased.

The price of sugar, a key ingredient in many food and beverage products, has risen due to multiple factors.

For example, a key exporter, India, is expected to have limited exports, while other countries, such as Pakistan and Thailand, face low supplies.

In addition, it is feared that . . .

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