Thursday, May 12, 2011

All About Sugar

Sugar, is a term for a class of edible crystalline carbohydrates mainly sucrose, lactose and fructose characterized by a sweet flavor. In food, sugar is almost exclusively refers to fructose, which comes from sugarcane or sugar beet.

Several facts related to sugar in Malaysia.

In recent years, the sugarcane harvested area averaged between 20,000-24,000 hectares, most of them located in the state of Kedah and Perlis, which has a yield of approximately 68 metric tonnes per hectare and total production of 1.6 million metric tonnes.

Malaysia has 4 sugarcane processing facilities in the state of Perlis, Kedah, Penang and Selangor with a total annual refining capacity of 1.0 million tonnes.

Despite, the huge production numbers and refining capacities, Malaysia heavily imports about 90% of its raw materials.

Domestic consumption of sugar is Malaysia is approximately 1.16 million tonnes per year, which is about 50 kilograms (raw equivalent) per capita basis and among the highest in the region.

Malaysia is a net sugar importing country reaching more than 1.0 million tonnes per year with annual valued at between $200-300 million. Main supplier of sugar to Malaysia are Australia, Thailand and Fiji which accounts for 98% of total imports.

Sugar prices over the years are as follows;
1989 - RM 1.20 per kg
Sep 2006 - RM 1.40 per kg
Mar 2009 - RM 1.45 per kg
Jan 2010 - RM 1.65 per kg
Jul 2010 - RM 1.90 per kg
Dec 2010 - RM 2.10 per kg
May 2011 - RM 2.30 per kg

From what I share here, the number doesn't add up...

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