• Pakistan has bought 300k tonnes of white sugar for arrival in September/October.
  • This is the most sugar they have imported since 2010.
  • However, this is likely to be a one-off rather than Pakistan becoming a regular sugar importer.
  • We think it is politically motivated and in response to corruption in the industry; mills have been accused of tax avoidance, price fixing and cartelisation.
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Ben Seed

Ben joined CZ’s analysis team in 2016 on a year long internship before returning to the University of Bath to complete an Economics Degree. Since re-joining in August 2018, Ben has led the data insights team in expanding the range and quality of data available internally and to clients through CZ App. Ben spent 3 months in CZ’s Singapore and Bangkok offices to expand his knowledge of the region and help roll out the latest data processes. He is now also responsible for the Sugar Market View published each week on CZ App.

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