BSI Addresses Domestic Market Sugar Supply

Is there another shortage of sugar on the local market?  According to B.S.I., there have been complaints of a scarcity of sugar, despite the miller having increased the amount of sugar being sold on the domestic market when compared to the same period in 2023.  B.S.I. says that notwithstanding the availability of sugar locally, the contrabanding of plantation white sugar continues unabated.  The company says it has written to the Government of Belize once more to urge Cabinet to review and increase the price of domestic sugar.  A release from B.S.I. says, (quote) the wide disparity between domestic prices and regional prices, combined with production shortages, particularly in Mexico is creating a lucrative incentive for sugar to be smuggled outside of Belize (end quote).