date:Jan 03, 2014
ct the attention of the World Trade Organization (WTO) but government officials maintain that any incentives on production would not violate WTO rules.
High production costs for refined, or white, sugar because of government-set prices for cane squeeze companies if they export at big discounts. Stocks, meanwhile, are piling up in warehouses at mills as farmers have produced bumper cane crops.
In October, stocks totalled 8.8 million tonnes and this season, which runs to Sept. 30, 2014, should s