Another Great Reason to Stop Eating Sugar
The Washington Post
Tuesday, June 6, 2023
Europeans with a sweet tooth are having a bad summer. The market price of sugar has soared 80% in the past year, pushing up the cost of soft drinks, candy and ice cream. Though health officials probably think no price is high enough, sugar makes other food inflation look tame — and far less sticky. Sugar producers like Germany’s Suedzucker AG expect these massive price hikes to hold into the coming months, and they are cashing in. Sugar remains cheap in absolute terms, with cost increases mostly reflecting pressures beyond manufacturers’ control. Nevertheless, their high earnings will further fuel the “greedflation” debate amid a cost-of-living crisis.Click here to connect to the source of this storyClick here for more News and Views
As I browse the web researching various topics concerning the EU and UK sugar markets, I've been bookmarking interesting weblinks. Some of these are news clippings, some are links to official documents, and some are interesting data sources.