Sugar growers have been hit by inventory in the Mekong Delta (Photo: SGGP)

Sugar inventory recurs in Mekong Delta

After the Lunar New Year, some sugar factories have once again faced sugar inventory. Influenced by the competition’s pressure from market economy, lot of sugar factories have gone bankrupt. The way to handle the root cause of the issue is to settle problems arising from raw material areas instead of finding temporary solutions.

Sugar inventory reaches the highest ever level this year (Photo: SGGP)

Sugar inventory hits record high

Sugar plants have reported their highest ever inventory level, nearing 750,000 tons, accounting for 50 percent of their processing output.