News International Sugar Journal

South Korea – Government takes the initiative of importing sugar [Registered]

The first shipment of sugar imported directly by the government will arrive in Korea next week that could help stabilize the commodity’s price here, according to a state corporation. The Korea Agro-Fisheries & Food Trade Corp. said 2,000 tons of sugar imports will arrive at the southeastern port of Busan on 19th March to be sold at low prices to processed food manufacturers such as confectionery companies and bakeries reports Yonhap News. The shipment is part of the 10,000 tons of sugar the government bought from Thailand and other Southeast Asian countries last month. The move aims to break up…

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