date:Jan 14, 2014
17 points, or 7.2%, from 2012.
FAO's Sugar Price Index averaged 234.9 points in December, a sharp slide of 15.8 points from November. This was the third consecutive monthly decline, with the sugarcane harvest in Brazil - the world's largest sugar producer and exporter - exceeding expectations. Adding to the downward pressure on international prices were reports of record production in Thailand, the world's second biggest sugar exporter, as well as good harvests in China.
Overall, in 2013, su