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Sri Lanka Seizes Nearly 30,000 Tons of Sugar

Sri Lanka seized 29,900 metric tons of sugar found hoarded in warehouses following investigations into the goods, the Commissioner General of Essential Services said Sept. 1. The sugar will be sold to the public through state and private traders' outlets…

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at a controlled price, the release said. Sri Lanka halved its sugar import duty beginning Oct. 14, 2020, to give relief to consumers. As a result, 584,000 metric tons of sugar were shipped into the country through June 30, leading to the hoarding. The Sept. 1 seizure took sugar from these stores.