China to issue steady 2012 sugar import quotas

Updated: 2011-09-30 16:27

(Agencies)

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China will issue 2012 low-tariff import quotas for sugar, with volume unchanged from this year, according to a statement issued by the Ministry of Commerce .

The ministry said 1.945 million tons of quotas will be issued, of which 70 percent will be allocated to state-owned companies. Importers have to apply for the quotas from the ministry before Nov 30 and the quotas will be issued on Jan 1, 2012.