BML 4.94 No Change ▼ 0.00 (0%)
BOP 14.66 Increased By ▲ 0.23 (1.59%)
CNERGY 7.05 Increased By ▲ 0.02 (0.28%)
CPHL 89.90 Increased By ▲ 1.49 (1.69%)
DCL 12.96 Increased By ▲ 0.41 (3.27%)
DGKC 191.50 Increased By ▲ 2.06 (1.09%)
FCCL 50.24 Decreased By ▼ -0.26 (-0.51%)
FFL 16.06 Increased By ▲ 0.24 (1.52%)
GCIL 28.09 Decreased By ▼ -0.03 (-0.11%)
HUBC 160.00 Decreased By ▼ -0.37 (-0.23%)
KEL 5.14 Decreased By ▼ -0.01 (-0.19%)
KOSM 6.36 Increased By ▲ 0.05 (0.79%)
LOTCHEM 21.86 Decreased By ▼ -0.14 (-0.64%)
MLCF 89.81 Increased By ▲ 0.26 (0.29%)
NBP 148.25 Increased By ▲ 1.42 (0.97%)
PAEL 43.05 Increased By ▲ 0.21 (0.49%)
PIAHCLA 20.00 Decreased By ▼ -0.01 (-0.05%)
PIBTL 10.28 Increased By ▲ 0.05 (0.49%)
POWER 14.85 Increased By ▲ 0.07 (0.47%)
PPL 182.11 Decreased By ▼ -1.39 (-0.76%)
PREMA 44.20 Increased By ▲ 1.45 (3.39%)
PRL 31.23 Decreased By ▼ -0.32 (-1.01%)
PTC 23.25 Increased By ▲ 0.05 (0.22%)
SNGP 118.74 Increased By ▲ 0.29 (0.24%)
SSGC 41.60 Increased By ▲ 0.10 (0.24%)
TELE 7.73 No Change ▼ 0.00 (0%)
TPLP 9.80 Increased By ▲ 0.05 (0.51%)
TREET 22.70 Increased By ▲ 0.17 (0.75%)
TRG 57.01 Increased By ▲ 0.18 (0.32%)
WTL 1.42 Increased By ▲ 0.02 (1.43%)
BML 4.94 No Change ▼ 0.00 (0%)
BOP 14.66 Increased By ▲ 0.23 (1.59%)
CNERGY 7.05 Increased By ▲ 0.02 (0.28%)
CPHL 89.90 Increased By ▲ 1.49 (1.69%)
DCL 12.96 Increased By ▲ 0.41 (3.27%)
DGKC 191.50 Increased By ▲ 2.06 (1.09%)
FCCL 50.24 Decreased By ▼ -0.26 (-0.51%)
FFL 16.06 Increased By ▲ 0.24 (1.52%)
GCIL 28.09 Decreased By ▼ -0.03 (-0.11%)
HUBC 160.00 Decreased By ▼ -0.37 (-0.23%)
KEL 5.14 Decreased By ▼ -0.01 (-0.19%)
KOSM 6.36 Increased By ▲ 0.05 (0.79%)
LOTCHEM 21.86 Decreased By ▼ -0.14 (-0.64%)
MLCF 89.81 Increased By ▲ 0.26 (0.29%)
NBP 148.25 Increased By ▲ 1.42 (0.97%)
PAEL 43.05 Increased By ▲ 0.21 (0.49%)
PIAHCLA 20.00 Decreased By ▼ -0.01 (-0.05%)
PIBTL 10.28 Increased By ▲ 0.05 (0.49%)
POWER 14.85 Increased By ▲ 0.07 (0.47%)
PPL 182.11 Decreased By ▼ -1.39 (-0.76%)
PREMA 44.20 Increased By ▲ 1.45 (3.39%)
PRL 31.23 Decreased By ▼ -0.32 (-1.01%)
PTC 23.25 Increased By ▲ 0.05 (0.22%)
SNGP 118.74 Increased By ▲ 0.29 (0.24%)
SSGC 41.60 Increased By ▲ 0.10 (0.24%)
TELE 7.73 No Change ▼ 0.00 (0%)
TPLP 9.80 Increased By ▲ 0.05 (0.51%)
TREET 22.70 Increased By ▲ 0.17 (0.75%)
TRG 57.01 Increased By ▲ 0.18 (0.32%)
WTL 1.42 Increased By ▲ 0.02 (1.43%)
BR100 15,186 Increased By 82.6 (0.55%)
BR30 42,842 Increased By 223 (0.52%)
KSE100 149,361 Increased By 1164.3 (0.79%)
KSE30 45,552 Increased By 281.7 (0.62%)

Europe's coming sugar reform may trigger more EU imports of raw sugar for refining as a replacement for the bloc's expected supply shortfall, and a fall in white sugar imports, a leading analyst said on Tuesday. "We see a demand for raw sugar imports in the EU. It's a more viable proposition...than bringing in raw sugar," said Farideh Bromfield, head of sugar research at major trading house ED&F Man.
"We expect that trend to develop and white sugar import demand to go down because of growth in regional refineries," she told a Brussels sugar conference hosted by F.O. Licht.
If the EU's reform removed some five million tonnes from the European market, that gap might be filled by three million tonnes of refined raws, two million of lower-quality whites and maybe 0.5-1.0 million of top-quality 45 ICUMSA whites, she said.
The European Commission, the EU's executive, has called for drastic changes to EU sugar policy, barely altered since its birth in the late 1960s. At present, this policy inflates internal prices to more than three times the world market.

Copyright Reuters, 2005

Comments

Comments are closed.