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      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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