News International Sugar Journal

Indonesia to import over 2 million tonnes raw sugar in 2012 [Registered]

Indonesia, Southeast Asia’s largest sugar buyer, will allow refiners to import 2.1 million tonnes of raw sugar in 2012, according to the Deputy Trade Minister Bayu Krisnamurthi. Last year, Indonesian refiners bought about 2.06 million tonnes of raw sugar, below the 2.4 million-ton quota set by the government. Indonesia’s sugar industry is regulated by the government, which sets import quotas. Households buy sugar made from cane grown by local farmers, while industrial users import refined sugar directly, or buy from domestic sugar refiners which import raw sugar. The country’s white sugar output next year may rise to 2.7 million tons…

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