Vietnamese sugar mills struggle to compete Business

Vietnamese sugar mills struggle to compete

Low consumption, high inventory and continuously plunging prices mean tough times for domestic sugar mills, said chairman of the Vietnam Sugarcane and Sugar Association (VSSA) Pham Quoc Doanh.
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Sugar stockpile reaches sweet spot

Sugar inventory reached 221,310 tonnes as of mid-September, 99,310 tonnes higher than the same period last year, according to the Department of Processing and Trade for Agro-forestry-Fisheries Products and Salt Production.