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DE
Special Sugar Price Concessions for Large Manufacturers
['Brianna Bennett']
Greater Belize Media
Special Sugar Price Concessions for Large ManufacturersAs Belize Sugar Industries rolls out packaged sugar at a higher price, the big question is who will feel the pinch.
Government says while prices will be driven by the market, special concessions are already in place to protect industries that depend heavily on sugar.
In terms of the sugar, the price increase?”Dr. Osmond Martinez“Well we have one who is the largest consumer of sugar, Bowen and Bowen.
There is a clause within the protection of the industrial – the industrial cost or the industrial sugar, the cost of it.
Nonetheless, there also give that freedom to negotiate between the two parties, in this case, Bowen and Bowen and BSI-ASR.