Bloomberg Sugar mills in India, the world’s third-biggest shipper, will probably miss their export target this year as a nationwide lockdown to prevent the spread of the coronavirus disrupts logistics at ports. The country won’t be able to ship 5 million tons in the year to September, as expected earlier, because of a shortage of labor at ports and mills, ...

Bloomberg The coronavirus and cheap oil are hitting the fuel business so hard that ethanol plants are shutting down. Some may never come back. The entire biofuel industry is facing a reckoning. Long before the pandemic emptied roads and exacerbated oil price war, producers were battling chronic oversupply and trade upheaval. Now slumping demand and prices mean smaller producers and ...

Bloomberg US retail gasoline dropped below $2 a gallon for the first time since March 2016, before President Trump was elected. The average pump price fell to $1.99 per gallon on March 27, retail tracker GasBuddy said. The nation followed Texas and upper-Midwest states that went under the $2 threshold earlier in March. The decline comes as coronavirus-related lockdowns halt ...