CALEDONIA FAMILY CLAIMS DESTRUCTIVE FIRE WAS CAUSED BY ARSON

A family in Caledonia suffered tremendous loss when two of their homes were destroyed by a fire in C...

Severe Weather Conditions Causes Minor Damages In North

Over the weekend, a cold front which was predicted to hit in Mexico, affected the entire Yucatan Pen...

Belize Exports Soybean Oil To Jamaica

Last week Thursday January 24th, Belize exported five containers of crude soybean oil to Jamaica mar...

  • CALEDONIA FAMILY CLAIMS DESTRUCTIVE FIRE WAS CAUSED BY ARSON

    Tuesday, 29 January 2019 20:33
  • Severe Weather Conditions Causes Minor Damages In North

    Tuesday, 29 January 2019 20:47
  • Belize Exports Soybean Oil To Jamaica

    Tuesday, 29 January 2019 20:56

Screen_Shot_2015-08-11_at_7.53.19_PMSugar smuggled into Mexico is reportedly causing a great loss for the local sugar producers in the southern part of that country. The Mexican press reported today that only some five percent of the local production can be commercialized due to illegal entry of Belizean sugar into the country. Officials are saying that it is difficult to quantify the amount of sugar entering Mexico from Belize since there is little to limited vigilance at the borders. In a report aired by Notivision in Chetumal Quintana Roo, officials complain about the situation. Here is that report.

 

https://www.youtube.com/watch?v=2Hg70TUhWOQ


Officials say that the factory buys bulks of sugar at 420 pesos or approximately 58 dollars. This is then sold on the local market for just over 500 pesos or about 69 dollars which gives the producer a profit of about eleven dollars. The sugar smuggled in from Belize on the other hand is being sold for way less that 400 pesos or about 55 dollars. Officials add that given the facts, it is difficult to match these costs, especially since families in southern Mexico depend on it.

Share this post

This content has been locked. You can no longer post any comment.