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.