Digitalization Can Help Mitigate Climate-Related Supply Chain Disruptions
Retail TouchPoints
FEBRUARY 2, 2024
For sugar importers, this past summer has been anything but sweet. The cost of sugar has surged by more than 40% globally since the previous year, due largely to poor harvest conditions caused by dry conditions across India, China and Thailand and an unusually cold and wet spring in Europe. The cost increases are expected to increase the prices of soda, candy and baked goods, among others.
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