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Overseas orders of palm sugar with geographical indication (GI) protection have declined on an annual basis, but have not materially affected production, as the commodity fetches higher prices than it did a year prior, according to the Kampong Speu Palm Sugar Promotion Association (KSPA).
Climate change has left a bitter taste for the Kampong Speu palm sugar trade, leading to an estimated 50 per cent drop in production this year despite an upturn in market demand.
Share Kampong Speu palm sugar market to sweeten Thu, 10 December 2020 The Kampong Speu palm sugar market will only get sweeter next year on the back of a perceived uptrend in demand from Europe. The Ministry of Commerce granted domestic geographical indication (GI) to the commodity in 2010 under the World Trade Organisation’s (WTO’s) agreement on Trade-Related Aspects of Intellectual Property Rights. And on April 2 last year, the European Commission (EC) announced that it would join Kampot pepper in its registry of protected GIs (PGIs), after the fruit was awarded the status on February 1...