News International Sugar Journal

US trade commission approves contentious US-Mexico sugar trade pact [Registered]

The commissioners voted 6-0 in favour of the agreement. ITC effectively rejected challenges from two US refiners, Louis Dreyfus Commodities’ Imperial Sugar Co and AmCane Sugar LLC, that they would be harmed by the agreed-upon restrictions. The domestic refiners pointed out that the deal will restrict raw-sugar supplies, and the price floors may reduce their margins.…

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