The Trading Corporation of Pakistan (TCP) purchased 100,000 tonnes of white sugar in a tender for the same volume which closed last week, European traders said on 5th July.
Pakistan gets offers for white sugar import through international tender that is US$49/tonne more than from India [Full subscriber]
The lowest price offered in the international tender to buy 50,000 tonnes of sugar from Pakistan’s state trading agency Trading Corporation of Pakistan (TCP) which closed on 27th April is believed to be around US$447/tonne c&f (cost + freight), European traders said in initial assessments, reported Reuters.
Sugar imports are expected to remain high for the next 10 years, reaching 5.52 million tonnes in 2030, growing at an annual pace of 5.8%, according to a report released by China’s Ministry of Agriculture and Rural Affairs.
Ethiopia – Government issues international tender to buy 320,000 tonnes of white sugar [Full subscriber]
The Government of Ethiopia (GOE) through the Ministry of Trade and Industry (MOTI) recently issued three separate international tenders for food commodities on March 16th which includes the purchase of, 320,000 MT of white sugar, according to USDA.
Middle East+North Africa and Sub-Saharan Africa imports mainly white sugar and raw sugar, respectively [Full subscriber]
Sub-Saharan Africa and the MENA zone (Middle East and North Africa) are both structurally sugar deficit regions, in the order of more than 17 million tonnes (mt) per year for both together, but the relative composition of their imports is very different.
The Ministry of Trade and Industry has decided to levy a temporary anti-dumping tax of 44.88% on raw sugar and 33.88% on refined sugar imported from Thailand.
Uganda – Sugar industry struggles with cheap imports in the local market originally destined for re-export [Registered]
Uganda’s sugar producers are in dire straits as the sector is currently facing an accumulation of its stocks with the sluggish sale linked to competition from imported sugar free of duty which should be re-exported, according to an industry lobby group.
Belize suing St Kitts and Trinidad & Tobago over sugar imports from non-CARICOM member states [Full subscriber]
The government of Belize is suing St Kitts and Nevis, and Trinidad and Tobago (T&T) over alleged sugar imports from non-CARICOM member states (Guatemala and Honduras) without application of the necessary the Common External Tariff (CET) of 40%, according to local press reports.
North Korea imports sugar via China – barter deal – sugar for liquor – with South Korea, blocked [Full subscriber]
North Korean demand for sugar is at an all-time high, according to Chinese trade data, reported Voice of America.
The government allowed on 28th July the import of 300,000 metric tonnes of sugar in anticipation of a shortage.