Win for sugar industry in South Africa

• The International Trade Administration Commission (ITAC) has raised the dollar-based reference price (DBRP) of sugar from $680 to $785 per tonne.
• The commission's investigation found that South Africa's sugar industry faces a challenging operating environment, with volatile global sugar prices, increasing import penetration, and rising production costs.
• Industry stakeholders have welcomed the decision, but some say more needs to be done to ensure the sustainability of the domestic sugar industry.