Santo Domingo.– The Dominican Republic started shipping sugar to the European Union under a
new economic partnership that officials say could eventually triple the
country's sugar exports.
The
first shipment of 12,000 tons of brown sugar has been sent to France
and a second shipment of 20,000 tons of sugar destined for several
European countries will arrive in November, said Faustino Jimenez, director
of the National Sugar Institute.
Written by: yumnuk3, 4 Oct 2008 12:03 PM
From: United States, New York City
Oh My God!
Written by: jacirez, 4 Oct 2008 12:31 PM
From: Canada, Northern Alberta
Alright!
It's high time we started diversifying our export partners. Why stop with sugar. We should be exporting anything and everything to the EU--as well as encouraging direct investment from their member countries...
From: United States
Thank god!
Its about time we start to cut on our economic dependency with the U.S.
it might not be safe to depend on them in the long run, look how they have screwed things in the economy lately.
From: Spain, Sanlucar de Barrameda..Coto Doñana
this is EU politics with Caricom and has little significance .....watch how DR now gets screwed on the bananas
Written by: josean, 4 Oct 2008 5:49 PM
From: United States
They sell us a useless METRO and we sell them sugar. Eh Pa' Lante Que Vamos into La Nueva Colonia!
From: Malta, Malta Goya, La marca del momento esta pa ti
All we need now is too nationalize the sugar fields or people like the Fanguls will get richer.... we need that money. Not some of it but all of it, and if they don't they should up the Taxes charged.
GC, you like bananas don't you ... you like to deep throat them !!! i know you do, you moved to DR cause they call us platanos and you wanted to know why...
Written by: josean, 4 Oct 2008 6:30 PM
From: United States
Written by: antonio1, 4 Oct 2008 9:13 PM
From: Dominican Republic
Does anybody know the price per pound? or if this is our portion of the CARICOM quota?
Written by: abc200, 6 Oct 2008 8:03 PM
From: United Kingdom
Written by: abc200, 7 Oct 2008 4:31 AM
From: United Kingdom
Price per pound?
At current rates of exchange between the euro and the US dollar [5] the post reform EU sugar price (€335 per tonne) will yield a price of 22.39 c/lb. This compares to a world market future price in December 2007 of 10.12 c/lb. This represents a price differential between EU and world market prices of 12.27 c/lb [6], around twice the world market price of sugar.
This is part of a quota system for LDC's.
http://agritrade.cta.int/en/Commodities/Sugar-sector/Executive-briefIt takes approx 4 lbs of sugar in the form of cane to produce 1 litre of ethanol. At World prices this equates to about 1.6 dollars a gallon. Ethanol production should start in the next year or so in the DR - this would seem to a preferable use for cane above exporting sugar at World prices. However inputs ( feritlzer etc. ) have to be factored in.
S.
S.
From: Spain, Sanlucar de Barrameda..Coto Doñana
what is the current rate wanker the Euro is falling everyday
Written by: abc200, 7 Oct 2008 9:57 AM
From: United Kingdom
You can do your own calculation - I give both prices. Also World price needs updating ...... just trying to help ...... someone asked the question.
S.
Written by: Pherrick, 6 Nov 2008 7:36 PM
From: United States, Wyoming
I would like to help with shipping & logistics. I work for an international logistics company and can offer excellent pricing. Does anyone know how to get in touch with these companies and who to talk to? I used to live in San Pedro de Macoris and would love to work there.
From: Spain, Sanlucar de Barrameda..Coto Doñana
they have many openings for cane cutters.....send your resume
Written by: Pherrick, 6 Nov 2008 8:42 PM
From: United States, Wyoming
I'm not really Haitian, but maybe I could.
From: Spain, Sanlucar de Barrameda..Coto Doñana
working outdoors is very healthy you know
Written by: Pherrick, 6 Nov 2008 9:10 PM
From: United States, Wyoming
oh yea no problem I have a Sombria so I will not get too dark out in the sun
From: Spain, Sanlucar de Barrameda..Coto Doñana
#30 sunblock and you are off to the races......good luck in your new position
Written by: Pherrick, 7 Nov 2008 3:30 AM
From: United States, Wyoming
Naa I just get tan regardless of the sunblock
From: Spain, Sanlucar de Barrameda..Coto Doñana
what are you going to do with all the money you make ?
Written by: Pherrick, 7 Nov 2008 11:01 AM
From: United States, Wyoming
thought I'd buy some tin cans and posts and build a new house, or, maybe start a new cane cutters union.
From: Spain, Sanlucar de Barrameda..Coto Doñana
just what we need more troublemakers
Written by: Pherrick, 7 Nov 2008 9:17 PM
From: United States, Wyoming
yea your right maybe a union would be a little much. I will just go out on my own.
From: Spain, Sanlucar de Barrameda..Coto Doñana
thats the spirit ! bring band aids for the blisters
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It's high time we started diversifying our export partners. Why stop with sugar. We should be exporting anything and everything to the EU--as well as encouraging direct investment from their member countries...
Its about time we start to cut on our economic dependency with the U.S.
it might not be safe to depend on them in the long run, look how they have screwed things in the economy lately.
GC, you like bananas don't you ... you like to deep throat them !!! i know you do, you moved to DR cause they call us platanos and you wanted to know why...
http://www.youtube.com/watch?v=jO6dmBm1SFw&feature=related
Progress is being made! I hope the sugar is 'fairtrade'.
S.
At current rates of exchange between the euro and the US dollar [5] the post reform EU sugar price (€335 per tonne) will yield a price of 22.39 c/lb. This compares to a world market future price in December 2007 of 10.12 c/lb. This represents a price differential between EU and world market prices of 12.27 c/lb [6], around twice the world market price of sugar.
This is part of a quota system for LDC's.
http://agritrade.cta.int/en/Commodities/Sugar-sector/Executive-brief
It takes approx 4 lbs of sugar in the form of cane to produce 1 litre of ethanol. At World prices this equates to about 1.6 dollars a gallon. Ethanol production should start in the next year or so in the DR - this would seem to a preferable use for cane above exporting sugar at World prices. However inputs ( feritlzer etc. ) have to be factored in.
S.
S.
S.