Search form

Login - Register | FOLLOW US ON

Logo of Phnom Penh Post newspaper Phnom Penh Post - Organic palm sugar exports increase

Organic palm sugar exports increase

Cambodian distribution company Confirel yesterday reported a 10 per cent increase in its exports of organic palm sugar in 2011, bringing its total annual exports to 32 tonnes.

Confirel general manager Hay Ly Eang attributed the increase to the rising popularity of organic palm sugar in European markets.

“The current European demand exceeds the amount that Cambodia is able to produce at the moment,” he said.

The company also exports to Japan, South Korea, and Taiwan, among other countries.

The organic sugar sold for US$1,280 a tonne, he said, adding that the company planned to export between 35 and 40 tonnes this year.

Most of Cambodia’s domestic sugar comes from the Kampong Speu Palm Sugar Association, which produces more common geographical indicator sugar than organic.

Mao Thora, Secretary of State at the Ministry of Commerce, supported the trade, saying the co-operation between sugar companies and various exporters would lead to sharp financial benefits for GI sugar farmers.

“When our palm sugar gets exported, it will help to increase the price, which will further encourage farmers to help preserve palm trees,” he said.

0

Comments

Please, login or register to post a comment

Latest Video

ACLEDA’s boss on how tech is changing financial services

In today’s world of fast-changing technology, Cambodia is seeing increasing innovation in financial services.

ACLEDA President In Channy on the key to the bank’s success

Post Khmer Editor-in-Chief Kay Kimsong sat down with Dr In Channy, President and Group Managing Director of ACLEDA Bank Plc, to explore the main principle guiding Cambodia’s biggest bank.

A taste of Phnom Penh's first container night market

At the launch of Phnom Penh's newest market, The Post spoke to customers and stallholders about what the hub of bars, food stalls, shops and live music will add to the city's nightlife.