World market prices for sugar down, Malaysia going up and up

Sugar funding hike seen disastrous for MSMCIMBResearch expects a recent sugarine funding hike to have a disastrous impact on Feldas sugarine unit,MSM Malaysia Holdings Bhd.The 34 sen per kg hike in sugarine funding for domestic sugarine refiners is bad news for MSM, as you guess that a enlarge is five sen short of a volume indispensable to cover a climb in tender sugarine costs, a research residence pronounced in a inform yesterday.This is disastrous for MSM as a enlarge in funding is not sufficient to cover a ri ... Read More

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