HTX is equipped with in-depth knowledge and expertise to monitor the global sugar markets. With our vast network of partners we can ensure to provide our clients with the best value and consistent flow of supply. It’s not just about trading, it’s innovation, market forecasting and relationship building resulting in a profitable experience.
HTX has a logistics team that continually monitors costs to provide the best value for our clients. We have significant partners in warehousing, transportation, and terminal access across all major origins creates executional efficiency and control. Supply chain is made visible from sugar mill to final shipment destination to ensure our clients products are safe and secure.
"HTX is one of Malaysia's sugar & commodity trader specialising in refined sugar. We have the experience, comprehensive global market knowledge, trading expertise & a unique supply base,
together with integrated logistics"
Whether it is in Malaysia or globally located, HTX is the preferred choice.
Whether it is a small or large scale business, HTX has the privileged access that will be able to cater to needs effectively and efficiently.
HTX is a team that has the expertise and knowledge in:
Commodity Trading and Risk Management (Sugar Industry), Product Quality and Storage, Logistics and Strong Analytical skills.
HTX offers the highest quality of services and product.
With our vast network of global relationships and alliances,we have set a global footprint and on-the-ground presence.
We strive to be a reliable and competitive partner, working towards our clients expansion and development.
Tuan Ibrahim Basri
- COO HTX Resources Sdn Bhd
"To cherish our conventional values and reputable quality at all times creating consistency throughout our dealings for the sole objective of maintaining the status as Malaysia's most trusted Sugar and Commodity trader that genuinely cares for all stakeholders."
"HTX is committed to deliver your sugar demand on a consistent satisfactory level through efficient, innovative and ethical practices while meeting with our shareholders’ expectation."
Before sugar ruled the world, honey is queen. Basically any part of Europe, Africa, or Asia that isn’t covered in ice has bees, and thus honey.
Jundi Shapur, a university in Iran, becomes the meeting place for the world’s scholars. Greek, Christian, Jewish, and Persian scholars gather to create the first teaching hospital. They study texts from various cultures, they are writing about a potent Indian medicine: sugar. They also develop better methods for processing sugar cane into crystallized sugar.
The Arabs were masters of growing, refining,and cooking with sugar; they begin to conceptualize it not just as a medicine or spice, but as a rare delicacy for royalty and the wealthiest. Under Arab rule, Egyptians master the refining process and become known for making the purest, whitest sugar.
“a reed in India that brings forth honey
without the help of bees, from which an
intoxicating drink (Rum) is made,
though the plant bears no fruit.”
Sugar is native to, and first cultivated in, New Guinea. Initially, people chew on the reeds to enjoy the sweetness. Sugar is first refined in India: the first description of a sugar mill is found in an Indian text from 100 A.D.
- Nearchus (327B.C)
São Tomé, a Portuguese colony can’t keep up with Brazil’s rate of sugar production, starts exporting slaves to Brazil and other New World islands to work on sugar plantations. It’s a profitable business. By the late 16th century, Brazil out-produces all of the New World colonies and the Mediterranean. The Mediterranean sugar industry collapses.
At this point, coffee, tea, and chocolate have made their way to Europe. Their arrival drastically increases sugar consumption, making sugar more popular than alcohol ever did, and increasing demand—with lower prices. During the 17th century alone, over half a million African slaves are shipped to Brazil and other New World colonies to work on sugar plantations.
The largest and most technologically advanced sugar refinery in the world opens in Williamsburg on Long Island. With improvements in manufacturing, the production of American sugar increases and drives down the prices.
Lower prices mean less profit, so in 1887, eight leaders in the American sugar industry form the American Sugar Trust with the intention of reducing production to increase prices and profits for all of their companies. After acquiring more companies, they change their name to The American Sugar Refining Company (ASRC). They close facilities they deem inefficient and combine others with ones they already own, essentially fixing the price of refined sugar.
The ASRC creates the Domino Sugar brand to market all of the sugar they produce under one name. By 1907 ASRC controls 97% of all American sugar production.
Sugar Market Analysis 2018 - 2022 (Obtain Report Here)
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"HTX understands clearly that Sustainability & Social responsibility
is a core value in this day of age.
We build strong emotional relationships within the company,
& with our clients & partner to protect the ecosystem,
to respect individual rights, & to adopt ethical working practices"
At HTX, our mission is to participate in trade flows in which we;
HTX embraces right and ethical practices that protect the environment for the benefit of future generations. We are committed to promoting sustainable practices in the global environment. Our guiding principles are as follows:
We at HTX adhere to all applicable laws, rules, and regulations, and we in turn expect our contractors, subcontractors, and suppliers to comply with the prevailing laws of each country in which we operate. Our guiding principles are as follows:
We do not condone forced labour or child labour.
We adopt hiring policies in which individuals are required to meet minimum age requirements and in compliance with all local regulations and laws.
We advocate a work environment in which employees are treated with dignity and respect
We will not tolerate any harassment, abuse, or discriminatory hiring practices.
We engage our partners, contractors, subcontractors, suppliers, and counterparts to adopt our guiding principles
We advocate sustainable agricultural production practices and the protection of the natural environments from which our raw products are sourced.
We advocates sustainable and green practices such as the prevention of pollution, waste reduction, reusing and recycling, and sustainable corporate gift-giving.
We advocate the adoption and use of best practices for management of existing plantations.
Add value to producers, consumers, and stakeholders.
Use detailed analysis of all global market input.
Employ rigorous risk management and control
Ensure a reliable and secure supply chain
We aim to comply fully with our obligations and engage openly with tax authorities, by pursuing the following four objectives, encompassing employment taxes and indirect and corporate taxes, and is reviewed annually.
We are committed to building a sustainable, responsible, and ethical business. Our approach to tax is guided by this philosophy. We aim to comply fully with our global obligations and engage openly with tax authorities and other stakeholders whilst also managing our tax expense responsibly, ensuring sustainable business growth.
Partnership is the foundation of our approach
We only undertake transactions that support genuine commercial activities
We continuously monitor and enhance our
tax processes, systems, and control
We deliver results to our clients in a
HTX Resources Sdn Bhd (1231095P):
JALAN KIARA, MONT KIARA
50480 KUALA LUMPUR
+60364114609 firstname.lastname@example.org www.htxglobal.org
Correspondences / Documentations required:
1. RFQ/Billing Stage