Indonesian sugar imports are proving to be of a great help to drive up the demand for supplies from Australia, following the international economy’s recuperation from economic depression, according to Queensland Sugar Ltd., the nation’s leading exporter.

Alan Winney, Chairman of Brisbane-based Queensland Sugar Ltd., said in an interview that East Asia has come out of the global monetary catastrophe, pretty much to a level and there is enlarged demand in most of the nation’s markets.

The Southeast Asian part of the market, Malaysia, Indonesia, is predominantly strong and it is positively expected that the trend will be maintained in the approaching years.

Sugar demand in Asia surpasses yearly supply by 30% in key markets in Asia, Wilmar International Ltd. said in Singapore yesterday.

Wilmar this week settled to purchase CSR Ltd.’s Sucrogen unit, Australia’s top miller, for A$1.75 billion ($1.5 billion) and said the acquirement would assist its growth in Indonesia.

Indonesian raw sugar imports might be 2.3 million metric tons the 2010-2011 season, according to an April U.S. Department of Agriculture Foreign Agricultural Service account.

Raw sugar for October delivery slumped 0.1% to 16.69 cents a pound on ICE Futures U.S. in New York yesterday. Previously, prices reached 16.98 cents, which is the highest level for a most- active agreement, since April 20.