RI buys Brazil's sugar

Sat, 04 Oct 1997, 00:00 WIB | Source: REUTERS

LONDON (Reuter): Indonesia last week bought one cargo of
Brazilian white sugar for prompt delivery, traders said
yesterday.

They said they believed the purchase was made at around US$20
a ton fob under London March futures.

They noted that although Indonesia imported around 1.2 million
tonnes of whites a year, it normally bought from Thailand but
high premiums recently made it switch.

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