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Tardy Import Permit

Tuesday, February 18, 2020

Industrial and consumer sugar prices soared following scarce supply. The cause is believed to be delays in import permits from the trade ministry.

Sugar market in Surabaya, East Java, January 22./ kemenperin.go.id. tempo : 173057837137.

DWIATMOKO Setiono, head of Sekawan Karsa Mulia, has been in a bind lately. The price of sugar, key raw material for his company’s food and beverage products, continues to climb. Suppliers of industrial sugar offer their ware for Rp9,000 per kilogram, up Rp1,000 from January. According to his administration, sugar supply contracts from late 2019 still put prices at Rp7,600 per kilogram. “(It’s) Crazy how fast it’s going up,

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Tempo English Tuesday, February 18, 2020
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