Tightening supplies in India and weather risks threaten cane availability and harvests, affecting global markets.
2 reports, 2 independent
Updated Jun 22
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What happened
Tightening supplies in India and weather risks threaten cane availability and harvests, affecting global markets.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Disease strains are causing yields to drop precipitously in the sugarcane industry, leading to market pressure and government financial injections.Sub-event
El Nino threatens cane production, causing supply constraints from India impacting London market prices.1 source
India's supply tightening and El Nino weather risks impact global cane markets.1 source
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The entities involved
Related events
- Drought-bearing El Nino pattern is posing a key risk to the Indian agricultural sector, particularly impacting sugarcane cultivation in states like Karnataka and Maharashtra.
- Global sugar output is threatened by El Nino and droughts in Europe, influencing India's import expectations.
- Lower cultivation in Saidabad due to El Nino rainfall effects has caused essential commodity price hikes.