The world’s largest sugar refiner, the ASR Group, has agreed to buy 1.2 million tonnes of certified non-genetically modified (GMO) raw sugar from Raizen for the next 10 years, reported Reuters.
Vietnam plans to impose anti-dumping duty on raw and refined sugar from Thailand [Full subscriber]
The Vietnamese government announced Feb. 9 its plans to impose an anti-dumping duty of on raw and refined sugar from Thailand, claiming soaring imports are undermining its domestic sugar industry.
Brazil and Australia secure additional TRQ for raw sugar for FY2020 from the USA [Full subscriber]
On September 22, 2020, the Office of the United States Trade Representative (USTR) announced additional Fiscal Year (FY) 2020 (ending September 30, 2020) in-quota quantities of the tariff-rate quota (TRQ) for imported raw cane sugar for Brazil and Australia.
USA – Tariff rate quotas for raw, refined and specialty sugars set for 2020-21 (Oct-Sept) [Full subscriber]
The Office of the U.S. Trade Representative (USTR) announced on 22nd July the country-specific and first-come, first-served in-quota allocations under the tariff-rate quotas (TRQs) on imported raw cane sugar, refined and specialty sugar and sugar-containing products for Fiscal Year (FY) 2021 (October 1, 2020, through September 30, 2021).
Indonesia imposes 5% tariff on raws from India [Full subscriber]
Indonesia is to impose import tax for Indian raw sugar to 5% from the previously US$38.9/tonne, according to a finance ministry regulation published on 27th June, reported Reuters.
Guatemala triples exports of sugar to Canada [Registered]
Between 2015 and 2016 the export value of raw sugar from Guatemala fell by 4%, falling from US$ 849 million in 2015 to US$ 814 million in 2016. The volume sold decreased by 3% from 2.1 million of tons in 2015 to 2 million tons in 2016.
Monthly Snapshot
New York’s October raw sugar futures were down 0.75% to 18.53 cents per lb on July 21, while the white sugar fell slightly to US$535.40. Various dynamics are currently in […]
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