Markets

China sets 2020 sugar import quota at 1.95mn tonnes

Companies applying for the quota must have processed 600 tonnes and more raw sugar per day in 2018. Among the

Published October 14, 2019 Updated October 14, 2019 11:23am

1 min

Comments

By Reuters

Add BRecorder as a trusted
source on Google

Companies applying for the quota must have processed 600 tonnes and more raw sugar per day in 2018.
Among the total import quota for the commodity, 70pc would be allocated to state-owned firms.

Among the total import quota for the commodity, 70pc would be allocated to state-owned firms, according to the Ministry of Commerce website.

Companies applying for the quota must have processed 600 tonnes and more raw sugar per day in 2018, or sold 450 million yuan ($63.73 million) and more worth of sugar during the year, the statement said.

Read Comments