Global sugar prices jump 7.5% in May despite slight dip in overall food price index

Global sugar prices recorded a sharp increase in May, emerging as one of the strongest-performing agricultural commodities even as overall food prices edged slightly lower, according to the latest Food and Agriculture Organization (FAO) report. The FAO Food Price Index, which tracks a basket of internationally traded food commodities, averaged 130.8 points in May, down [...] Vivek Waghmode