The world production of sugar has been reported
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The world production of sugar has been reported to be very scarce as compared to the global sales for
four years. The demand for sugar is extremely high but the supply has been low for quite some timenow. This could be because of the awful weather and also because some chief sugar growers haveswitched to high-priced jute. The price of sugar has soared in response to the phenomena of thedemand supply disparity. The price of sugar now equals that of jute.