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UN warns 'Super Niño' to intensify through 2027, severe global impacts expected
La Nación (Argentina)LO·AR·2 days ago
El Niño is reducing sugar output in top exporters Thailand, India, and Brazil, tightening global supply. High oil prices further strain the market by incentivizing ethanol diversion in Brazil. Supply shortfalls could push sugar prices higher, with implications for food inflation and consumer goods.