date:Jul 25, 2013
rly to the purchase announced June 18. Results of that tender were announced July 10 and resulted in the C.C.C. buying about 91,000 tonnes of domestic refined beet and raw cane sugar that were exchanged for re-export credits and resulted in the removal of about 300,000 tonnes of imported supply at a cost of $43 million, but saving an estimated $67 million in avoided sugar forfeitures.
The July 23 action is expected to remove an additional 136,000 tonnes of imported raw cane sugar at a cost of $