(Bloomberg) -- Singapore's Wee Tiong (S) Pte. will
supply 25,000 metric tons of raw sugar to Indonesia, the world's
largest buyer of the commodity, after the trading company
lowered its price, an official said.
Wee Tiong, the sole bidder in PT Perkebunan Nusantara X's
tender yesterday, agreed to supply the sugar today at $312 a ton,
compared with an offer of $314 on June 28, Adi Santoso, head of
market analysis at the state-run Indonesian importer said in a
text message. The price includes freight and insurance charges.
Read more at Bloomberg Commodities News
supply 25,000 metric tons of raw sugar to Indonesia, the world's
largest buyer of the commodity, after the trading company
lowered its price, an official said.
Wee Tiong, the sole bidder in PT Perkebunan Nusantara X's
tender yesterday, agreed to supply the sugar today at $312 a ton,
compared with an offer of $314 on June 28, Adi Santoso, head of
market analysis at the state-run Indonesian importer said in a
text message. The price includes freight and insurance charges.
Read more at Bloomberg Commodities News
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