⛏Sugar No.11 Futures
SUGAR
▼ NegativeRegulationrelevance
Japan may protect domestic sugar industry, limiting imports from South America and reducing demand for sugar futures.
The Liberal Democratic Party's economic agreement task force has asked Agriculture, Forestry and Fisheries Minister Norikazu Suzuki to give full consideration to Japan's agricultural and livestock products in negotiations on an economic partnership agreement with the Southern Common Market, Mercosur. Secretary-General Ichiro Miyashita stressed that talks should begin with a stance of not reaching any deal that harms national interests, given South America's high productivity in livestock products and sugar. Minister Suzuki indicated he aims to balance food security and economic security.
Japan may protect domestic sugar industry, limiting imports from South America and reducing demand for sugar futures.