Sweet Tooth Grows in Top Sugar Importer as Buying to Climb
- Indonesia is already the world’s biggest buyer of raw sugar
- Country needs to buy more to meet demand from food makers
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Sugar refiners in Indonesia, the world’s largest importer, will probably boost overseas purchases of the raw variety this year to meet rising demand from the food industry, according to a senior industry official.
Refiners may buy about 3.2 million metric tons of raw sugar from abroad, more than the 2.8 million tons of already announced quotas, and an increase on the 3.04 million tons shipped in last year, Rachmad Hariotomo, chairman of the Indonesia Sugar Refiners Association, said in an interview on Tuesday.