Global Sugar Deficit Pushed Prices to Highest since 1981
BLOOMBERG: A global sugar deficit, which has pushed prices to the highest since 1981, will continue for a third year as adverse weather lowers production in Asia, according to India’s biggest refiner and importer. The shortage may narrow to less than 5 million metric tons in the year beginning Oct. 1, compared with a 500,000-ton surplus forecast by the International Sugar Organization, Narendra Murkumbi, managing director of Shree Renuka Sugars Ltd., said in an interview today. The deficit will keep prices “firm,” he said. “Earlier estimates were for a balanced sugar situation and it now appears that some of the crops are not normal even in 2010, especially the Asian crops,” Murkumbi said. “Southern China, Vietnam, Thailand and Philippines all have abnormal crops,” he said. The worst drought in China’s south and southwestern regions in 50 years has caused water shortages for about 3 million people and affected up to 57.5 percent of crops, or 21.24 million mu (3.5 million acres), the official Xinhua News reported today, citing local meteorological officials. Output may fall to 12 million tons from 12.43 million tons a year ago, the China Sugar Association said in November.
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Collaboration of Lee Kum Kee and
Love The World Soul Rock Bistro And Bar
Inconjuction with our National Day, Lee Kum Kee and Love The World Soul Rock Bistro And Bar present you with the SzeChuan Fusion!
Presenting all the Szechuan favourites with a LTW twist! Attractive lucky draw and hampers awaits you! Promotion starts from 15 July and ends 15 August.
FoodXervices distributes tea products from “The 1872 Clipper Tea Co” and “Royal Kensington” brands
Starting from 1 June 2010, FoodXervices Inc Pte Ltd will be representing and distributing all tea products under “The 1872 Clipper Tea Co” and “Royal Kensington” brands within Singapore.
Active customers of FoodXervices can place your orders with the person currently managing your account. For all other customers, FoodXervices Inc shall be in touch with you shortly with regards to setting up of an account with them.
FoodXervices Inc receives HACCP certification
FoodXervices Inc Pte Ltd, a leading food distributor in Singapore, has received the Hazard Analysis Critical Control Points (HACCP) certification, the main platform for international legislation and good manufacturing practices for all sectors of the food industry.
How to do it with FX - For All Virgin Customers!
To all the customers who are new to to FX, you may have many questions when it comes to placing orders. SaXXy has the answers to your questions!
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Did you know that FoodXervices sells YELLOW CORN CHIPS too?
3 x 2lbs , USA ORIGIN!
100% Tex Mex !
$36.00 / ctn
Do you use A LOT???
If you do, call our team for a special quotation today!
Hotline: 1800 933 3333
Did You Know that FoodXervices launches new products on a monthly basis. There is always something for you to look forward to when shopping with us.
Did You Know that We carry our own Brand of X-cellent Cereals and Escargots....well, now you can click here to find out more.
Purence Pure Dew Water
Purence is CREATED using a patented technology in duplicating the earth's function of Dew Creation without taking anything away from Mother Nature.
Do your part for the Earth and start supporting the Purence Initiative.
The Great Xtuff found at FoodXervices Inc makes great additions to any dish. But in case you are running out of ideas on what to cook, do not worry as
The FX Team is here with new and refreshing Recipes to tantilise your tastebuds.
