New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Why have sugar prices hit a three-year low, despite

    India’s approval for exports of 1 million metric tons?
    A A significant decline in domestic sugar production Correct Answer Incorrect Answer
    B China’s ban on sugar imports from India Correct Answer Incorrect Answer
    C Global speculation on Thailand’s increased sugar supply Correct Answer Incorrect Answer
    D Rising demand for alternative sweeteners Correct Answer Incorrect Answer
    E Reduced demand in international markets Correct Answer Incorrect Answer

    Solution

    Speculation on Thailand's higher sugar production has pressured global prices, leading to a three-year low.

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