Sweet Profit
Tuesday, June 22, 2004
THE issue is pure economics: sugar (or any commodity) will go from a lower price market to a more profitable one. If the price of sugar in Thailand is R 2,000 per kilogram, compared to Rp4,100 in Indonesia, and if the cost of transporting from there to here doesn't even reach Rp1,500 per kilogram, cheap sugar from Thailand is bound to flood the local markets.
This is particularly the case given that Indonesia has quietly become the second l
...
Subscribe to continue reading.
We craft news with stories.
For the benefits of subscribing to Digital Tempo, See More