Sugar inventory remains high

Sugar plants across the country have produced nearly 1.5 million tons of sugar, up 150,000 tons compared to the previous crop, leaving sugar inventory at about 580,000 tons.

Sugar plants across the country have produced nearly 1.5 million tons of sugar, up 150,000 tons compared to the previous crop, leaving sugar inventory at about 580,000 tons.

According to Nguyen Thanh Long, chairman of Vietnam Sugar and Sugarcane Association, at this time, sugar refineries in the Mekong Delta provinces have officially ended 2012-2013 sugarcane season, while sugar refineries in the Central and the North of Vietnam plan to end the crop season by the end of this month.

Balancing local demand of around 100,000 tons of sugar per month, sugar supply will be ensured even when sugar refineries temporarily halt operations until September or October before entering new crop season.

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