A Sugar-less World

For the second consecutive year, the world is seeing shortage of sugar. Price of a tonne of white sugar has rose up US$215 to US$544.20. Thats about 65% increase from its price in January. But why is this happening? At this time, a time where the fasting month is about to start followed by the Hari Raya. Lets take a look at whats happening globally.

Brazil the biggest producer of sugar is seeing its highest rate of rain fall to about four times its usual amount making the crops too wet to harvest. India the biggest consumer and second largest producer of sugar is seeing its driest season since 83 years. These has forced the country to double the import of sugar.

This demand has skyrocketed the expense of many food manufacturers, but increases the profits for cane producers. Sugar being such an important part of our diet is surely going to be still in demand. Until the nature recovers its condition, this shortage is going to be a burden to the rest of the world, even making the upcoming Raya a heavy pocketed one.

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