'Dragons' fight 'samurai' for bigger slice of Indonesian sugar market
date:Apr 12, 2013
that could increase raw sugar imports, include a group of white sugar traders nicknamed 'sugar samurai' for their control of the local market, and sugarcane farmers.

The white sugar price hikes hit my business so hard, Lie Lie said. I tried to increase prices a little bit, but it did little to help stop our profits shrinking.

Indonesia, set to become the top raw sugar importer this year, splits its sugar industry into two. Household, retail and small-medium firms rely mostly on domestic white
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