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Election 2019

Challenging outlook faces raw sugar manufacturers

Sugar port facilities export raw sugar around the globe
17 April 2019: The prolonged period of low world sugar prices, driven by subsidised production in overseas countries is taking a heavy toll on Australia’s raw sugar manufacturers. CEO of the Australian Sugar Milling Council (ASMC), David Pietsch said, “Efficient producers in trading nations like Australia are making a loss on every tonne of raw sugar sold and that is putting Queensland jobs at ...
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