El Niño changes in exports.
Severe droughts are prevailing in different parts of the world due to El Nino tropical climate change. It affects the production of various agricultural products. The production and export of agricultural products of many countries, including India, has also been affected. India has export bans or restrictions on many agricultural commodities, including rice, wheat and onions. It seems that a complete ban on sugar exports will be imposed this time during the sugar export period starting from October. Hence, this impact is expected to occur globally by the end of 2024.
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