date:Oct 25, 2013
going mostly to satisfy rapidly expanding demand from industry, such as the food and beverage sectors, while domestic sugarcane farmers supply local mills and feed consumer demand.
This week Indonesia surprised the market with a hike of 52 percent in its expectations for imports of raw sugar in 2013, to 3.8 million tonnes.
The industry estimates that raw sugar imports could more than double to 5.4 million tonnes this year from 2.5 million last year.
The rise in raw sugar imports has surprise