TOKYO -- Unusually dry weather in India is threatening the global supply of agricultural commodities including sugar and cotton, raising the specter of prolonged food price inflation.
Commodities
India's historic droughts drive up sugar and cotton prices
New Delhi's export curbs and speculative money add to inflationary pressure
Laborers stack sugar cane at a market in Kolkata. India produces around 20% of the world's sugar. © Reuters
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