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Fiji Time: 8:27 AM on Thursday 23 May

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Sugar ship nets $30.82m

Felix Chaudhary
Tuesday, October 23, 2012

THE Fiji Sugar Corporation has revealed that approximately $30.82 million has been raised in foreign exchange earnings from the second shipment of raw sugar that left the country last week.

"Unfortunately, this is the most that the ship could carry otherwise we would have shipped more," he said.

Mr Khan also said that the corporation was focused on ensuring that what happened in the country two years ago was not repeated.

"We have made it a priority to ensure that we produce enough sugar for local consumption.

"Our whole objective since the unfortunate situation a few years back where we had a bit of a crisis with local consumption supply is to ensure that this never happens again."

Mr Khan also said despite two adverse weather conditions that resulted in widespread flooding in the Western Division, sugar production had improved significantly with tonnes cane to tonnes sugar (TCTS) currently averaging 9.3 across all four mills in the country.

Last year, TCTS figures hovered close to 12.6.