Fiji Time: 9:22 PM on Sunday 24 May

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.

Today's Most Read Stories

  1. Short-lived term as Kumar moves to Parliament
  2. Contestants announced
  3. 13 stitches later
  4. 'Back home to invest'
  5. Ice cream hold-up
  6. Immigrants 'dealt with accordingly'
  7. Plan to take Fiji forward
  8. HIV/ AIDS
  9. Medals for heroes
  10. Talanoa opportunity with Groenewald

Top Stories this Week

  1. Heroes of the night Friday (22 May)
  2. USA wins London 7s Monday (18 May)
  3. Dream run Tuesday (19 May)
  4. Champions Monday (18 May)
  5. Tuwai wins top award Tuesday (19 May)
  6. Payout for team Thursday (21 May)
  7. Top cop foils robbery attempt Friday (22 May)
  8. Ratu Naiqama suspended Friday (22 May)
  9. Behind closed doors Tuesday (19 May)
  10. Probe on officials Wednesday (20 May)