Govt Hikes Import Duty On Sugar To 50% To Support Domestic Prices

by ETNOW The government increased import duty on sugar to 50% to curb dumping of the commodity in India as international prices fell. The industry expects the move to prevent a build-up of arrears in payments to sugar cane farmers in the next season starting October 2017. more here – http://bit.ly/2u8YT84

Sugar prices rise in ctg markets

from daily star, by Dwaipayan Barua Sugar prices have gone up in most of the kitchen markets in the port city because of a supply crunch in the Khatunganj wholesale market. Price of sugar increased by Tk 3 to Tk 5 a kg to Tk 66-68 a kg in the retail markets in the last…

Consumers paying for sugar millers’ protection

Source: https://www.dawn.com KARACHI: Pakistani consumers are paying more for sugar than its price in the world market. The sugar price in world market declined by 16 per cent in July-April 2016-17, in Pakistan the production of sugar increased but it did not translate into price relief for the consumers. In July 2016, the international price…

Council hopes competition will reduce dialysis cost

Source: http://www.fbc.com.fj The Consumer Council of Fiji is hopeful that competition will reduce cost of dialysis in Fiji. Patients needing dialysis treatment in the Western Division will soon have a cheaper option as a new centre is set to open in Lautoka City by the end of this month. The Island Kidney Assistance Foundation Fiji…

Anger in Mexican sugarcane fields, harbinger of NAFTA risks

Source: http://newburghgazette.com U.S. Secretary of Agriculture Sonny Perdue today issued a statement regarding a new agreement between the United States and Mexico regarding the importation of Mexican sugar. USA sugar producers claim the current agreement hasn’t stopped Mexico from undercutting the price of sugar. “We are willing to consider any rebalancing, as long as it’s…