AGI opposes profit-seeking Bulog’s plan to import sugar
Bareksa • 29 Apr 2014
Illustration (ANTARA FOTO/Akbar Nugroho Gumay)
The international sugar market is highly distorted due to common intervention by world nations
The Jakarta Post - A local industry group has slammed state-owned logistics agency Bulog’s plan to import white sugar for buffer stock, claiming that local supply is sufficient to meet demand.
The Indonesian Sugar Association (AGI) executive director Tito Pranolo said on Monday that demand for white sugar could still be fulfilled from combined supplies of early-year stock carried over from last year and this year’s national output