Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Libya ramps up sugar imports: Reports  Join our daily free Newsletter

MENAFN - 01/10/2012

No. of Ratings : 0
Add to Mixx!


 


(MENAFN) Libya has boosted its imports of white sugar to fill up supplies exhausted during last year's war and to stem unrest in the oil-rich country, Reuters reported.

Some 280,000 to 290,000 tonnes of white sugar was consumed by the North African nation between 2008 and 2010, according to industry association the International Sugar Organization (ISO).

Last year, purchases dropped to 123,000 tonnes, from 296,000 tonnes in 2010, the ISO said.

Some 30,000 tonnes of white sugar had been shipped from Brazil to Libya in recent weeks with a further cargo of nearly 30,000 tonnes of raw sugar on the way, according to a port loading data.

A cargo of 26,000 tonnes of white sugar was due to be dispatched from Brazil in coming days, port loading schedules showed.

Dealers noted a larger-than-usual lineup of vessels at Brazilian ports this month loading bagged white sugar bound for Libya.

Other dealers reported a jump in raw sugar imports to North African countries such as Egypt and Morocco this year, some of which they believed had been trucked across to Libya after refining.

Brazil exported 59,000 tonnes of sugar to Libya in 2010, before the revolution, down from 103,000 tonnes in 2009, according to the ISO.

 






  MENA News Headlines


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help