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Prime Minister says sugar prices may be raise to ‘dis-incentivize’ short sellers and smugglers

Summary by velvetclassic.net
Posted: Tuesday, October 15, 2024. 9:42 pm CST. By Aaron Humes: Discussions continue over lifting the controlled price for brown and white sugar even as shortages continue to be reported. Minister of Agriculture Jose Mai has said he is on board with the idea of BSI/ASR selling packaged sugar, provided they can justify their costs. Of course, that would have an increased cost, but it would de-incentivize smugglers from taking the sugar across the…
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