21. That has been changing as the U.S. government strikes free trade agreements with more nations and domestic sugar supplies increase. 22. The challenge for Supachai is how to adjust the price mechanism to determine an appropriate domestic sugar price. 23. The government guarantees farmers a minimum price for domestic sugar through the loan program and quotas on imports. 24. The high currency rate given will provide additional revenue for the cane growers without the need to raise domestic sugar prices, although millers will get no extra benefits. 25. The Internal Trade Department said yesterday that the Public Warehouse Organisation would intervene in the market by releasing domestic sugar from its warehouses. 26. The tax was seen as a subtle government support for the ailing domestic sugar industry. 27. UkrKaribimpex will process the sugar at domestic sugar plants and then export it again, according to the Interfax news agency. 28. Until now, the Agriculture Department has managed to keep domestic sugar prices three times higher than the world price simply by regulating supplies. 29. India has banned the re-export of sugar imported by private traders in an attempt to keep the domestic sugar price under control, a newspaper reported Saturday. 30. The opposition has said Rai deliberately delayed the imports to help domestic sugar producers, many of whom come from his home state of Uttar Pradesh. |