Summary
Extra sugar must come from sugar that comes from other countries 🌍.
Sugar prices in stores went down about ten percent 📉.
Farmers will get a higher payment for their sugarcane this season 🌾.
Key Points
4 points1
Factories can store sugar for up to 30 days.
2
Extra sugar must be imported.
3
Store prices fell about ten percent.
4
Farmers' payment increased.
New Words to Learn
8 wordsstockholding
how long a business can keep a product stored
bulk consumers
big users like factories that need a lot of a product
import
bringing something from another country
Advance Authorisation Scheme
a special permission to bring sugar from abroad
Tariff Rate Quota
a limit on how much sugar can be brought in with lower taxes
retail
selling to everyday shoppers
fair and remunerative price
a payment that is considered fair and gives a good income
remunerative
giving good money
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