Agriculture: Sugar imports up slightly in 1st 7 months

Agriculture: Sugar imports up slightly in 1st 7 months
(Xinhua)
Updated: 2007-10-20 16:49

China imported 691,000 tons of sugar in the first seven months of this
year, a growth of 5.3 percent year-on-year, according to General
Administration of Customs.

The arrivals were valued at US$220 million, down 23.1 percent from a
year earlier.

The average import price fell 27 percent to US$313.2 per ton for the
seven-month period, customs sources said.

The price drop owed to oversupply on international markets, the sources
added.

Of the total imports, 660,000 tons, or 95.5 percent, came from Cuba,
Thailand, Guatemala, the Republic of Korea, Brazil and Australia.
Imports from Cuba, Brazil and Australia went down, while those from
Thailand and Guatemala went up.

http://www.chinadaily.com.cn/bizchina/2007-10/20/content_6193275.htm