Because predict Russia to will go up,tone raw sugar imports custom duty, make raw sugar entrance increase, price of raw sugar of exchange of futures of Zhou Er new York is climbed again litre to the high point since 2 months.
Say according to Russia economy ministry, safeguard committee of this ministry of Zhousan Russia foreign trade will move raw sugar to import custom duty to undertake polling to whether going up, plan a next year to imported custom duty to the raw sugar May January from at present 140 dollars / ton move to 250 dollars on the level / ton.
Ken Holtzman of president of exchange of new York futures expresses, import raw sugar custom duty on the raw sugar that tone will stimulate the near future imports speed. Once Russia implements new custom duty policy, so this will make home raise beet yield actively, reduce an import. Say according to American Ministry of Agriculture, 2007/08 extracts the sugar consumption of season Russia home to will achieve 5.99 million tons, but predict 3.15 million tons to still need an import.
