No sweet solution to sugar shortage
By Hou Qingyang | China Daily | Updated: 2010-02-11 07:54
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Farmers harvest sugar cane at a State-owned farm near Nanning, Guangxi Zhuang autonomous region. Sugar has been trading 73.12 percent higher through last year. Bloomberg News |
China may sell its sugar reserves to cool the market and avert a sugar shortage after poor weather damaged sugarcane fields and jacked prices up to a three-year high.
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