China sucks in Myanmar sugar

High demand from China is boosting Myanmar’s sugar exports, as world prices for the sweetener also increase on the back of forecasts of a global production deficit over the next two years. Traders estimate about 100 trucks a day are crossing the Myanmar-China border carrying sugar. So lucrative is the business becoming that even rice […]

Singapore’s Wilmar Forms Myanmar Sugar Venture to Expand Push Into Sweetener

Wilmar International Ltd. (WIL), the largest sugar cane miller in Australia, agreed to form a Myanmar venture with a local partner as it builds on a four-year push into sugar production in Asia. The Singapore-based company will hold 55 percent in the venture with Great Wall Food Stuff Industry Co. after buying all of the […]