JAKARTA, Jan 04, 2008 (AsiaPulse via COMTEX) -- Indonesia's government plans to issue a license for the import of 200,000 tons of sugar this year to strengthen buffer stock, an official said.
The stock will be enough if the harvest takes place as expected, said Trade Minister Mari Elka Pangestu.
Ms Pangestu said as of December, 2007 stocks totalled 1 million tons, enough to cover consumption for 5 months.
Earlier, the Indonesian Sugar Council (DGI) recommended not importing sugar this year, but Ms Pangestu said imports are needed to secure stock in the event of a delay in harvest.
In 2007, the trade ministry issued a license for the import of 250,000 tons of sugar.
Showing posts with label sugar. Show all posts
Showing posts with label sugar. Show all posts
Thursday, January 3, 2008
Monday, December 31, 2007
India Govt releases 41 lakh Tons sugar for Jan-Mar 2008
Dec 31, 2007
New Delhi, (Asia Pulse Data Source via COMTEX) -- The Centre has released 41 lakh tons of non-levy sugar for sale in the open market for the first quarter of 2008.
"The government has released 41 lakh tons of non-levy (free sale) sugar for the quarter January-March 2008," an official release said.
The total sugar released for January stands at 14.98 lakh tons, including 13 lakh tons meant for open market sale.
The Directorate of Sugar, which fixes every month the quantities to be sold in open market as well as through public distribution system, has also decided to release 1.98 lakh tons of the sweetener for PDS.
The total availability of sugar in the month of January, 2008 would be 14.98 lakh tons, which would be sufficient to meet the internal demand for sugar, the release said.
The sugar released for the first quarter of the new year is one lakh tons less than that released in the previous quarter (October-December 2007).
India is expected to produce 300-310 lakh tons of sugar in 2007-08 season ending September 2008 against an estimated annual domestic demand of 200 lakh tons.
New Delhi, (Asia Pulse Data Source via COMTEX) -- The Centre has released 41 lakh tons of non-levy sugar for sale in the open market for the first quarter of 2008.
"The government has released 41 lakh tons of non-levy (free sale) sugar for the quarter January-March 2008," an official release said.
The total sugar released for January stands at 14.98 lakh tons, including 13 lakh tons meant for open market sale.
The Directorate of Sugar, which fixes every month the quantities to be sold in open market as well as through public distribution system, has also decided to release 1.98 lakh tons of the sweetener for PDS.
The total availability of sugar in the month of January, 2008 would be 14.98 lakh tons, which would be sufficient to meet the internal demand for sugar, the release said.
The sugar released for the first quarter of the new year is one lakh tons less than that released in the previous quarter (October-December 2007).
India is expected to produce 300-310 lakh tons of sugar in 2007-08 season ending September 2008 against an estimated annual domestic demand of 200 lakh tons.
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