Falling buying power pushes up sugar inventory

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SaigonTimes English 10 month(s) ago

HCMC – The sugar inventory volume of factories recorded on February 15 amounted to nearly 420,000 tons, or 80,720 tons higher than last year’s same period, while the volume sold between January 15 and February 15 was 163,210 tons, down 8,920 tons year-on-year, according to the Vietnam Sugar Association.

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Illegal import of sugar threatens domestic production

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VietnamPlus English 22 month(s) ago 1 related news

Over 1,000 tonnes of sugar is illegally imported into Vietnam everyday through the southern An Giang border gate.

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Sugar industry in despair

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SaiGon GP English 25 month(s) ago

Sugar industry in despair

Sugar refineries in Vietnam have never been in such dilemma before, what with rising inventory and steep drop in prices, which calls for an urgent need to rescue local sugar refineries and to support millions of sugarcane growers immediately, said Nguyen Thanh Long, chairman of Vietnam Sugar Association.

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Sugar industry mired in troubles, awaiting help

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SaigonTimes English 26 month(s) ago

CAN THO/ HCMC – While the Prime Minister has not replied to a proposal by the Vietnam Sugar Association for rescuing the local sugar industry, the industry players are further mired in troubles with declining prices.

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Sugar import quota not yet granted

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SaigonTimes English 26 month(s) ago

HCMC – Since sugar output in the 2012-2013 crop is enough for domestic consumption, sugar import quota is not granted yet despite the country’s WTO commitment to import 74,000 tons in 2013.

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Sugar import quotas remain a secret

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VietnamNet English 30 month(s) ago 2 related news

Sugar import quotas remain a secret

VietNamNet Bridge – The Ministries of Industry and Trade (MOIT) and Agriculture and Rural Development (MARD) have agreed to the proposal to grant quotas to import sugar. However, the argument about the sugar import has not finished yet.

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Businesses show no interest in rural markets

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Hanoi Times English 31 month(s) ago

The Hanoitimes - Poor infrastructure, limited capacity and other difficulties caused by State and local mechanisms have discouraged businesses from penetrating rural areas.

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Businesses show no interest in rural markets

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VOV News English 31 month(s) ago

Businesses show no interest in rural markets

(VOV) - Poor infrastructure, limited capacity and other difficulties caused by State and local mechanisms have discouraged businesses from penetrating rural areas.

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Sugar shortage looms large

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SaigonTimes English 34 month(s) ago 1 related news

HCMC – The Ministry of Agriculture and Rural Development has voiced concern over the severe shortage of sugar for domestic consumption towards the year’s end as strong export of the commodity to China is depleting the local stock.

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VN warned about exporting sugar

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Báo QĐND English 36 month(s) ago 2 related news

VN warned about exporting sugar

Vietnam should be careful about exporting sugar because there not may be enough sugar for domestic demands, an agriculture official said, referring to a proposal by the Vietnam Sugar Association to export 250,000 tons of sugar this year.

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VN warned about exporting sugar

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Báo Tuổi Trẻ English 36 month(s) ago 2 related news

VN warned about exporting sugar

Vietnam should be careful about exporting sugar because there not may be enough sugar for domestic demands, an agriculture official said, referring to a proposal by the Vietnam Sugar Association to export 250,000 tons of sugar this year.

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Sugar export needs more careful considerations

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SaigonTimes English 36 month(s) ago 1 related news

HCMC – Exports of sugar should be taken into careful consideration since the local supply of sugar has not been ascertained, an agriculture official said, referring to a proposal by the Vietnam Sugar Association to export 250,000 tons of sugar this year.

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Assoc. seeks approval to export 250,000 tons of sugar

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SaigonTimes English 37 month(s) ago

HANOI - Weaker demand and rising sugar stock has pushed down the sugar price by 10% compared to the pre-Tet level, prompting the Vietnam Sugar Association to seek the Government’s approval to ship 250,000 tons of sugar abroad this year.

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Vietnam exports 200,000 tons of sugar to China

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Báo QĐND English 40 month(s) ago 8 related news

Vietnam exports 200,000 tons of sugar to China

Sugar exports to China reached 100,000 tons from July to the beginning of October, bringing the total sugar exports to the market since the beginning of the year to more than 200,000 tons, according to the Vietnam Sugar Association.

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What if the “fever” of anxiety about sugar prices recurs?

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Báo QĐND English 44 month(s) ago

What if the “fever” of anxiety about sugar prices recurs?

It is likely that the domestic demand for sugar will keep increasing from now until the end of this year. If relevant agencies fail to strictly control sugar traders, the problem of speculation will rear its ugly head again.

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