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Sugar imports drop 50pc in five months
Loaders offload sugar that was stopped on grounds it contains mercury and copper. More than 500,000 tonnes so far intercepted in ongoing crackdown. FILE PHOTO | NMG
Sugar imports in the five months to May dropped 50 per cent compared with the similar period last year as traders shied away from shipping in the commodity due to a market glut.
A market report by the Sugar Directorate indicates the volume of sugar brought in dropped to 80,596 early this year from 183,556 tonnes in the first five months of last year.