Wednesday, June 13, 2007

Indonesia to Seek Bids for 25,000 Tons of Sugar as Demand Exceeds Supply

(Bloomberg) -- Indonesia, the world's largest sugar
buyer, will seek bids on June 20 to buy 25,000 metric tons of
raw sugar from overseas as local demand exceeds output.

``We will seek from any country, but we prefer raw sugar
from Australia or Brazil,'' Adi Santoso, head of market analysis
at state-run PT Perkebunan Nusantara X, said in a telephone
interview from Surabaya, Indonesia's second-largest city.


Read more at Bloomberg Commodities News

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