Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Venezuela Sugar Producers Must Sell 70% to Retail, Gazette Says

Jan. 9 (Bloomberg) -- The Venezuelan government ordered sugar producers to sell 70 percent of their production to retail outlets and the rest to local industry, according to a resolution published today in the Official Gazette.

Sugar producers must allocate the majority of output in packages of five kilograms or less to shops to avoid shortages, the resolution said. The measure comes after authorities this week held meetings with local producers to address shortages of food staples in supermarkets.

To contact the reporter on this story: Corina Pons in Caracas at crpons@bloomberg.net.

To contact the editor responsible for this story: Andre Soliani at asoliani@bloomberg.net.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.