Jakarta: According to the reports, due to drought in previous years, Indonesia’s white sugar output is seen between 2 million and 2.1 million tonnes this year.
In order to bridge the gap, the country is planning to import sugar to keep prices stable.
Budi Hidayat, executive director of the Indonesia Sugar Association said, “The country could import 1.4 million tonnes of raw sugar or 1.3 million tonnes of white sugar for household consumption.”
“There is need to bring in additional supply to avoid scarcity of the sugar in the market else the household users will compete with industrial users,” he said.
Sugar consumption at household in 2020 is estimated at 3.2 million tonnes, up from 3.1 million in 2019.
To Listen to this News click on the play button.
