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Thai Industry Group Says Local Can Growers Need Sharp Rise in Sugar Price.
Byline: Yuthana Praiwan
Jan. 6--The price of sugar could rise by between two and five baht a kilogramme if the cabinet agrees to a proposal to help local cane growers and refiners.
Refined sugar is now priced at 14.25 baht a kilo, including a 75 satang surcharge imposed recently, the first increase for several years.
The Cane and Sugar Board Office had suggested the price rise as one of two options, said Ruengsak Ngamsompak, the board's secretary-general.
The alternative is to ask the Finance Ministry to help seek 5.8 billion baht in low-cost loans for the Cane and Sugar Fund, which could use the cash to service debts to the Bank of ...
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- Thai Industry Group Says Local Can Growers Need Sharp Rise in Sugar Price.
- Newspaper article from: Knight Ridder/Tribune Business News January 6, 2003 700+ words
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Source: HighBeam Research, Thai Industry Group Says Local Can Growers Need Sharp Rise in Sugar...