China's cost price of refined sugar made of imported raw sugar averages 3,769 yuan/tonne in January, 1,099 yuan/tonne lower than sugar prices in Guangdong province, a major sugar marketing region in country, government says
February 14, 2014
(Xinhua News Agency)
– China's cost price of refined sugar made of imported raw sugar averaged at 3,769 yuan/tonne in January, 1,099 yuan/tonne lower than the sugar prices in South China's Guangdong Province, a major sugar marketing region in the country, according to the National Development and Reform Commission (NDRC).
The price disparity between imported and homegrown sugar narrowed 119 yuan/tonne from the previous month.