1. ...two ships carrying raw sugar from Cuba. 2. The companies also profited from a bizarre system whereby shipbuilders who exported were given import quotas for raw sugar, which could be sold at a hefty profit. 3. Also keep in mind that the body makes little distinction between ordinary white refined table sugar and such sweeteners as raw sugar, honey and fructose. 4. Brazil produces both raw sugar and the refined white sugar traded in London. 5. But the industry represents more that just Clewiston-based U.S. Sugar Corp. and the Fanjul family interests, the two largest processors of raw sugar in Florida. 6. Contracts are still made each year with China and Russia to provide raw sugar in exchange for oil, food and manufactured goods. 7. During the harvest season, which generally runs from October to March, prices for raw sugar dropped substantially. 8. Expectations for falling Asian demand and ample supplies of raw sugar helped white sugar fall to its lowest closing price for almost a year in London yesterday. 9. He also said it is doubtful that the Agriculture Department could administer such a system to keep the price of raw sugar within about a three-cent margin. 10. House and Senate have agreed to a compromise designed to ensure an adequate supply of raw sugar to refiners like Savannah Foods, without imposing price controls. |