Cuba turns trade tables by buying outside sugar

Cuba, the world's leading sugar exporter, recently bought an estimated 100, 000 to 120,000 metric tons of free-market sugar, according to world sugar traders. The purchases have stirred speculation that the Cubans, under pressure to ship more sugar to the Soviet Union, may be feeling a temporary shortage of sugar to meet export commitments.

Trade sources said Cuba may also be importing the sugar to fulfill a long-term agreement to supply Mexico with 100,000 metric tons of white sugar.

About these ads
Sponsored Content by LockerDome

We want to hear, did we miss an angle we should have covered? Should we come back to this topic? Or just give us a rating for this story. We want to hear from you.

Loading...

Loading...

Loading...

Save for later

Save
Cancel

Saved ( of items)

This item has been saved to read later from any device.
Access saved items through your user name at the top of the page.

View Saved Items

OK

Failed to save

You reached the limit of 20 saved items.
Please visit following link to manage you saved items.

View Saved Items

OK

Failed to save

You have already saved this item.

View Saved Items

OK