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The prices of the food products in the world increased again in September, for the first time in 30 monthsdriven in particular by sugar and in general by most materials, according to a monthly report of the FAO published this weekend.
After several months of stabilization, the price index calculated by the United Nations Food and Agriculture Organization (FAO), which follows the variation in international prices of a basket of basic products, grew 3% between August and September, and 2.1% in one year.
In particular, the price of sugar rose 10.4% in September, due to the prospects for sugarcane In Brazil, a country affected by drought and the fires.
In addition, India’s decision to lift restrictions on the use of sugar cane to produce ethanol also raises fears that there will be less availability for export, adds the FAO.
The index of vegetable oils increased 4.6% since August, either palm oil – whose production was reduced more than expected in the large oil-producing countries Southeast Asia-, soybean, sunflower or rapeseed oil.
Cereals, for their part, had a rise of 3% in one month, due to the increase in export prices of wheat and corn, due to the impact of the rains in Canada.