{"id":14749,"date":"2026-01-22T18:39:27","date_gmt":"2026-01-22T18:39:27","guid":{"rendered":"https:\/\/microvibenews.com\/?p=14749"},"modified":"2026-01-22T18:39:27","modified_gmt":"2026-01-22T18:39:27","slug":"sa-to-revisit-sugar-price-trigger-after-import-surge","status":"publish","type":"post","link":"https:\/\/microvibenews.com\/?p=14749","title":{"rendered":"SA to revisit sugar-price trigger after import surge"},"content":{"rendered":"<p><\/p>\n<div id=\"textFreeArticle\">\n<p style=\"font-weight: 400;\">South Africa\u2019s International Trade Administration Commission (Itac) plans to review the reference price for sugar amid a flood of imports crippling local producers.<\/p>\n<p style=\"font-weight: 400;\">The probe, announced in a government gazette on Thursday, comes after the South African Sugar Association (Sasa), which represents growers and millers, and the Beverage Association of South Africa (BevSA), whose affiliates include local units of Coca-Cola Co and PepsiCo Inc, submitted conflicting applications related to the so-called dollar-based reference price.<\/p>\n<div class=\"ApplePlainTextBody\" dir=\"auto\">Listen: Budget 2026: Health lobby\u00a0wants higher sugar tax<\/div>\n<p style=\"font-weight: 400;\">Sasa wants the reference raised from $680 to $905 a tonne to protect the local industry.<\/p>\n<p style=\"font-weight: 400;\">BevSA wants it reduced to a range of $552 to $650 a tonne to offset the impact of duties affecting beverage producers, bottlers and consumers.<\/p>\n<div class=\"visible-sm-block visible-xs-block m1010\">\n<div class=\"ad-container-wrapper\">\n<p>ADVERTISEMENT<\/p>\n<p>CONTINUE READING BELOW<\/p>\n<\/div>\n<\/div>\n<p style=\"font-weight: 400;\">If import prices are below the reference, the state could levy additional duties, while it could lower or impose no taxes if the cost of inbound shipments exceeds the reference.<\/p>\n<p>Read:<br \/>16 000 jobs lost due to sugar tax, claims Canegrowers [Jun 2024]<br \/>Cane growers appeal to keep\u00a0sugar tax at current levels [Oct 2024]<br \/>SA Canegrowers urges Godongwana to scrap \u2018job-killing\u2019 sugar tax [Feb 2025]<\/p>\n<p style=\"font-weight: 400;\">A combined evaluation of both applications \u201crepresents the most efficient and equitable approach to address the diverging requests,\u201d the Department of Trade, Industry and Competition (dtic) said in the gazette.<\/p>\n<p style=\"font-weight: 400;\">South Africa\u2019s sugar industry is facing a crisis partly due to a flood of cheap imports and a tax on sweetened drinks that lowered demand from beverage makers.<\/p>\n<div class=\"visible-sm-block visible-xs-block m1010\">\n<div class=\"ad-container-wrapper\">\n<p>ADVERTISEMENT:<\/p>\n<p>CONTINUE READING BELOW<\/p>\n<\/div>\n<\/div>\n<p style=\"font-weight: 400;\">Annual production has dropped by almost a quarter over the past two decades, while the number of sugarcane farmers has fallen 60%.<\/p>\n<p style=\"font-weight: 400;\">Raw-sugar futures are near a five-year low, trading at about $329 a tonne.<\/p>\n<p style=\"font-weight: 400;\">\u00a9\u00a02026\u00a0Bloomberg L.P.<\/p>\n<p><em>Follow Moneyweb\u2019s in-depth finance and business news on WhatsApp here.<\/em><\/p>\n<\/p><\/div>\n<p><script data-cfasync=\"false\">\n            !function(f,b,e,v,n,t,s)\n            {if(f.fbq)return;n=f.fbq=function(){n.callMethod?\n                n.callMethod.apply(n,arguments):n.queue.push(arguments)};\n                if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';\n                n.queue=[];t=b.createElement(e);t.async=!0;\n                t.src=v;s=b.getElementsByTagName(e)[0];\n                s.parentNode.insertBefore(t,s)}(window, document,'script',\n                'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\n            fbq('init', '779812924991616');\n            fbq('track', 'PageView');\n        <\/script>#revisit #sugarprice #trigger #import #surge<\/p>\n","protected":false},"excerpt":{"rendered":"<p>South Africa\u2019s International T&hellip; 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