ROME: Global sugar prices settled down in October, following sharp increases in previous months, the United Nations Food and Agriculture Organisation ...
: Global sugar prices settled down in October, following sharp increases in previous months, the United Nations Food and Agriculture Organisation said Friday.
However, the FAO said that sugar prices declined 2.2 per cent in October, after surging 9.8 per cent the previous month to reach their highest level since 2010. Meanwhile, the FAO’s overall Food Price Index declined slightly, in part due to lower sugar prices. The index fell by 0.5 per cent compared to the previous month. It has now declined in all but two months over the last year, and stands 10.9 per cent below its levels from October of last year, Xinhua reported.
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