Vietnam to import 300,000 tonnes of sugar in 2011

According to the latest report on supply and demand in the sugar market by the Ministry of Industry and Trade, Vietnam will have to import about 300,000 tonnes of sugar in 2011.

Vietnam’s sugar output is projected to reach approximately 1 million tonnes next year.

Regarding steadily increasing sugar prices, Do Van Hao, a representative of the Information Centre of the Ministry of Agriculture and Rural Development, said the main cause is an imbalance in domestic supply and demand.

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Posted by VBN on Oct 7 2010. Filed under Agriculture. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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