You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
US imports from Philippines....
- Thread starter karennoca
- Start date
I doubt it, given the info in the link.
Moreover... I can't see any major network filing a story on the economic impact of the storm on the U.S. in the next month. The heart of world concern lies in trying to comprehend the scale of hunger, lack of shelter, lack of potable water, etc.
American Red Cross Typhoon Appeal: https://www.redcross.org/donate/index.jsp?donateStep=2&itemId=prod4650031
http://www.spectrumcommodities.com/education/commodity/statistics/sugartable.html
Moreover... I can't see any major network filing a story on the economic impact of the storm on the U.S. in the next month. The heart of world concern lies in trying to comprehend the scale of hunger, lack of shelter, lack of potable water, etc.
American Red Cross Typhoon Appeal: https://www.redcross.org/donate/index.jsp?donateStep=2&itemId=prod4650031
http://www.spectrumcommodities.com/education/commodity/statistics/sugartable.html
michael-in-phoenix
Well-known member
Philippine sugar, or any sugar grown outside the US, rarely enters this country.
The US government puts huge import tariffs on foreign sugar in order to protect the American sugar producers.
When the supply of international sugar goes down and the prices go up, it does tend to affect US prices, since the demand to export US sugar goes up. Our domestic supply then goes down, and the consumer prices go up.
The Philippines produces a small percentage of the world's sugar, and it is usually priced quite high compared to Brazilian sugar.
The storm damage should not affect American prices, but the fire in Brazil just might. My advice is to stock up if you find a deal on sugar, just in case.
Michael
The US government puts huge import tariffs on foreign sugar in order to protect the American sugar producers.
When the supply of international sugar goes down and the prices go up, it does tend to affect US prices, since the demand to export US sugar goes up. Our domestic supply then goes down, and the consumer prices go up.
The Philippines produces a small percentage of the world's sugar, and it is usually priced quite high compared to Brazilian sugar.
The storm damage should not affect American prices, but the fire in Brazil just might. My advice is to stock up if you find a deal on sugar, just in case.
Michael