VnnNews – Government agencies say that there’s still enough domestic sugar but dairy and drink producers clamor for permission to import sugar.
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Vinamilk, the dairy producer, asked for the permission to import 8,000 tonnes of sugar, Coca Cola and Kinh Do bakers also asked for import permits. The companies said the price price of sugar on the domestic market has gone too high. If they cannot import sugar, they say, they must raise the prices of their products.
The Ministry of Industry and Trade (MOIT) reminded the firms that it will take them two months at least to get imports in hand. Meanwhile the new sugar cane crop will be harvested and all of
The Vietnam Sugar and Sugar Cane Association (representing sugar refiners) holds that the sugar price in Vietnam is not significantly higher than the world price, now $579 per tonne, or 12,000 dong per kilo, which does not include tariff and transport fee. Sugar is wholesaling in
Thai sugar smuggled across
The refiners’ association holds that domestic supply is big enough to meet demand and additional imports are a bad idea. In mid-september, domestic sugar plants still have 58,700 tonnes of white sugar and 35,000 tonnes of refined sugar in stock. Besides, sales agents also have 10,000 tonnes of sugar, which means that some 100,000 tonnes are available to the market..
Deputy Minister of Industry and Trade Le Danh Vinh said that sugar import quotas for 2009 have been allocated to enterprises already.
VietNamNet/TBKTVN
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