Indonesia plans to import 3.6 million tonnes of raw sugar for industrial use and about 991,000 tonnes of white sugar for consumers, its trade minister said on January 2, reported Reuters.
Indonesia – Pertamina, Keppel, Chevron partners to explore green hydrogen production using geothermal power [Full subscriber]
Indonesia’s state-owned energy firm Pertamina will explore the development of green hydrogen and ammonia projects in the country, along with Singapore-based Keppel Infrastructure and global oil major Chevron using renewable energy located primarily in Sumatra.
Indonesia – President Joko Widodo spearheading self-sufficiency in sugar by 2028 [Full subscriber]
Indonesia plans to expand sugarcane acreage by 700,000 hectares over the next five years to become self-sufficient in sugar, President Joko Widodo said on November 4th.
Vietnam imposes 47.64% duty on Thai sugar shipped via 5 ASEAN countries [Full subscriber]
The country’s trade ministry said that Vietnam has imposed an anti-dumping and anti-circumvention levy on Thai sugar imported via 5 ASEAN nations.
Indonesia – Al Khaleej Sugar plans to invest US$2 billion in sugar factory complex [Full subscriber]
Dubai-based Al Khaleej Sugar Co. (AKS) plans to invest US$2 billion (IDR26.66 trillion) to build a new sugar factory along with a cogen unit and an ethanol plant, according to local press reports.
Indonesia – Kapal Api to build a new cane sugar factory in Maluku Islands [Full subscriber]
Kapal Api, one of the top coffee producers in Indonesia, is investing in a new cane sugar factory in the Maluku Islands, according to a press release from BMA who is supplying the technology.
Indonesia – State company plans to double sugar production to 2 million tonnes [Full subscriber]
Indonesia, the world’s second-biggest sugar importer is fostering expansion in sugar production to cut imports, reported Bloomberg
Indonesia – Cane acreage to expand by 60,000-70,000 hectares [Full subscriber]
Indonesian state-owned plantation company PT Perkebunan Nusantara III (PTPN III) will add 60,000 to 70,000 hectares to its sugar plantation to expand sugar production, PTPN CEO Mohammad Abdul Ghani told parliament on 8th July, reported Reuters.
Indonesia – Permits issued to import 150,000 tonnes white sugar [Full subscriber]
Indonesia has issued import permits for 150,000 tonnes of white sugar, Musdhalifah Machmud, a deputy minister at the Coordinating Ministry of Economic Affairs told Reuters on 8th April.
Indonesia issues permit to import 2.4 million tonnes sugar [Full subscriber]
Amidst the turbulence caused by the Covid-19 outbreak various food items prices have risen. This includes sugar. To bring prices down, the trade ministry has issued permits to import 2.4 million tonnes of raw sugar, reported Reuters.
Monthly Snapshot
Raw sugar for March delivery settled at 19.82 cents/pound on January 18 after reaching a two-and-a-half-week high earlier in the session at 20.25 cents. The white sugar contract expiring in […]
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