Fiji Time: 8:26 PM on Friday 26 August

Fiji Times Logo

/ Front page / News

Search for markets

Felix Chaudhary
Tuesday, January 28, 2014

THE Fiji Sugar Corporation will continue to look for markets that offer the best price for the locally produced sweetener.

Executive chairman Abdul Khan said despite an agreement signed with United Kingdom company Tate and Lyle Sugars that all sugar produced in Fiji be sold exclusively to the English buyer, efforts were already being made to seek the best price from other traders.

"Although we have a contract to sell 100 per cent of our sugar to Tate and Lyle and have a quota of 220,000 tonnes to the UK buyer, we have sold our sugar to two other firms who offered us a better price," he explained.

"Last year, because Tate and Lyle couldn't give us the price we wanted, we were allowed to sell 30,000 tonnes to a Spanish company called Azucarera and another firm at a more favourable price."

Mr Khan said efforts were being made to secure more lucrative markets in the lead up to 2017 when the preferential quota system with the European Union comes to an end.








Fiji Times Front Page Thumbnail

Kaila Front Page ThumbnailFiji Times & Kaila Frontpage PDF Downloads

Use the free Acrobat Reader to view.

Westpac
Code Inward TTs Outward TTs
CAD 0.63900.6200
JPY 50.424247.4242
GBP 0.37370.3657
EUR 0.43830.4263
NZD 0.68420.6512
AUD 0.65260.6276
USD 0.49640.4794

from

$0.00

Exchange Rate updated on 26th August 2016

Today's Most Read Stories

  1. Wong helps Rawaca get a gold medal
  2. Ryan may return
  3. Kolinisau surprises fans with Macuata dialect
  4. Special gift for national 7s coach
  5. Premature comments
  6. Drums and dholaks greeting for 7s heroes
  7. Medals of honour
  8. Rabuka notes drop in sugar production
  9. Burglar bar tip
  10. PNG issues ultimatum

Top Stories this Week

  1. Ardent fan escorted out of celebrations Sunday (21 Aug)
  2. The woman behind Ryan Saturday (20 Aug)
  3. God — is he dead? Maybe, but not Osea Kolinisau's Sunday (21 Aug)
  4. 1 charged, 2 under probe for break-in Thursday (25 Aug)
  5. Ryan confirms decision to leave Fiji Sunday (21 Aug)
  6. 5.1 magnitude earthquake occurs in Fiji Monday (22 Aug)
  7. Taliga eyes Tokyo Tuesday (23 Aug)
  8. 7s top job Tuesday (23 Aug)
  9. Wong helps Rawaca get a gold medal Friday (26 Aug)
  10. Police escort fan away Monday (22 Aug)