REPUBLIKA.CO.ID, JAKARTA -- The Indonesian Food and Beverage Association (GAPPMI) has projected a five percent rise in demand for refined sugar as the industry will need to meet its targeted growth of 9.8 percent in 2019. Demand for raw sugar in 2019 for the food and beverage industry is expected to reach 3.6 million tons.
"The current stock is still adequate," the association's chairman, Adhi Lukan, stated when contacted here on Wednesday.
However, the government has decided to import 2.8 million tons of the commodity, with the stock currently reaching 800 thousand tons. According to Lukman, the import volume has yet to take into account the projected increase in demand by five percent.
"The government will review it every three months, and if necessary, (the import volume) will be increased," he stated.