Indonesia to import 500,000 tons of white sugar in 2010

08:17, December 09, 2009      

Email | Print | Subscribe | Comments | Forum 

Indonesian Trade Ministry has decided to purchase 500,000 tons of white sugar next year to meet rising demand as this year's output is forecast to miss target, the ministry said in a statement here Tuesday.

The ministry said that Indonesia's purchase would be conducted from Jan. 1 to April 15, 2010.

"To guarantee sufficiency up to crushing season in 2010, it is necessary to import 500,000 tons of white sugar," the statement said.

The rising demand from households and industries could not be met by the limited supply of raw sugar.

The country, a big sugar consumer in southeast Asia, revised down its white sugar output target from an earlier prediction of 2.9 million tons to 2.7 million tons, according to agriculture ministry.

Indonesia, which imports sugar from Australia, Thailand and Brazil, imports more than 2 million tons of raw sugar annually to produce refined sugar for industrial use.

Source: Xinhua
  • Do you have anything to say?
Special Coverage
Major headlines
Editor's Pick
Most Popular
Hot Forum Dicussion