Shipment company

Labuan lacks sugar due to late shipment

LABUAN: Consumers and traders on this duty-free island have been reminded of the worsening sugar shortage, as the local division of the Ministry of Domestic Trade and Consumer Affairs works to quietly control the possible price spike .

Division manager Junaidah Arbain said the stock of sugar on the island was in dire shortage due to late shipment and lack of supply to meet domestic demand.

She said wholesalers on the island constantly try to bring in maximum volume to meet domestic demand, but often receive below the required quantity, Bernama reported.

She said the ministry had approved nine wholesalers here to import sugar from two main suppliers on the peninsula, namely Central Sugar Refinery (CSR) Shah Alam, Selangor, and Malaysian Sugar Refinery (MSM) Perlis and Johor. .

Labuan, Malaysia’s International Trade and Financial Center (IBFC) has been experiencing a sugar shortage since last year, with traders, supermarkets and hypermarkets being reminded to control the sale of sugar.

Junaidah said Labuan needed at least 120 tonnes of sugar each month for its estimated population of 110,000, but the monthly supply received from the two suppliers was insufficient and imports were also delayed by late shipment, exacerbating the supply shortage.

“To counter the impact of the severe shortage, we are enabling wholesalers in mainland Sabah to meet growing domestic demand.”

At the same time, she also reminded consumers to avoid buying the merchandise in a panic and traders not to resort to hoarding the supply.