Sugar imports from China up 18.8%

img10368

Sugar imports from China climbed18.8% over the same period last year, with 288,679 metric tons, thanks to a reservation of several shipments previously made ​​in times of below-market prices. It is believed that the purchase was made at the end of November 2013, when raw sugar prices fell to 17.50 cents per pound in NY while domestic prices were too high.

Tags: ,
X