ustralian sugar cane farmers welcome German Nordzucker takeover of Mackay Sugar
date:Jul 31, 2019
r as a bulk commodity to overseas customers, a spokesperson of Canegrowers, the leading body for Australian sugarcane growers, tells. Therefore, the state of the market is not so much dependent on our domestic Australian consumers, but on the state of the world market. Currently, world sugar prices are low. However, our proximity to growing Asian markets is likely an advantage for a company such as Nordzucker.

The move is cited as a huge relief for growers who have been living with great uncert
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