Libya has stepped up white sugar purchases to replenish supplies used up during last year's war and to stem unrest in the North African country.
White sugar imports dropped sharply last year during the revolution that ousted l
Iraq has bought 45,000 tonnes of white sugar from the UAE, a trade ministry source said on Thursday.
Iraq reissued a tender last month to buy at least 25,000 tonnes of white sugar after a first tender failed because prices offered were too
The white sugar premium is expected to remain strong till the end of third-quarter due to tight market supply, an executive from Dubai-based Al Khaleej Sugar, the world's largest refinery, said on Wednesday.
"In my opinion I still foresee
Iraq has issued a tender to buy up to 200,000 tonnes of white sugar from origins in Brazil, Britain, the UAE, France, Belgium, Thailand or Argentina, the Trade Ministry said in a statement.
The Trade Ministry's State Company for Foodstuff
White sugar futures hit a record high for a seventh straight trading session on Thursday and dealers predicted further rises through $750 a tonne soon driven by increasing import demand by top consumer India.
Raw sugar nudged close to a 29