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David Bruce Weekly Shipping Report

David Bruce Weekly Shipping Report – 28th May 2019

By David Bruce + Co (Shipping) Ltd

28th May 2019

David Bruce Shipping provides this weekly report summarising up-to-date sugar orders and sugar fixtures, not all of them on the open market but many picked up from close relationships with traders and shipowners. David Bruce Shipping has been providing a similar report in excess of 25 years, normally just for close and private clients but now also for Sugaronline members.

SUGAR FACT OF THE DAY DENMARK INTRODUCED A TAX ON SWEETENED SOFT DRINKS IN THE 1930S WHICH BY 2013 WAS BEING LEVIED AT A RATE OF €0.22 A LITRE AND BROUGHT IN €60M A YEAR. HOWEVER, THE DANISH GOVERNMENT ALSO ESTIMATED THAT IT WAS LOSING €38.9M IN VAT FROM ILLEGAL SOFT DRINK SALES. IN 2011,

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