Thursday, February 21, 2019 - 4:14:05

Vietnam Sugar and Sugarcane Association

Sugarcane faces plummeting prices

Business

Sugarcane faces plummeting prices

The sugarcane sector is facing record-low prices despite an increase of 500,000 tonnes of output over last year, leading to high inventory levels, according to the Vietnam Sugar and Sugarcane Association.

Sugar association looks to Prime Minister for help

Business

Sugar association looks to Prime Minister for help

The Vietnam Sugar and Sugarcane Association proposed to the PM not to allow an extension for temporary sugar imports for re-export as the sweet industry was struggling with high stockpiles and slumping prices due to illegally imported sugar.

Sugar imports to pressure prices

Business

Sugar imports to pressure prices

An import quota of 86,000 tonnes of sugar during 2016 in line with the World Trade Organisation (WTO) rules, coupled with possible imports from Laos, will continue to burden local producers.

Sugar industry cries for help

Business

Sugar industry cries for help

Sugar inventories in the first quarter of this year rose 50 percent over last year to 600,000 tonnes, while prices at processing plants fell to the lowest level in five years.