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Sugar market search

Shayal Devi
Sunday, May 04, 2014

THROUGH key stakeholders, the government is negotiating for raw sugar export especially when the market price has fallen by almost 22 per cent in the European Union market.

Prime Minister Rear Admiral Voreqe Bainimarama also said alternative markets other than the EU was being looked at.

"Now that the hurricane season is over and barring any storms between now and crushing season, I am optimistic that we should be able to harvest a better crop this year of about two million tonnes and producing around 210,000 tonnes of sugar.

"The 2014 crushing season starts from mid-June onwards and as I had already announced on March 28, the Fiji Sugar Corporation will assume the management of all harvesting and transport which is part of my government's efforts to relieve the canegrowers of the burden of meeting this high cost item.

"For improvement in harvesting, the FSC has purchased a large billet cane harvester and a smaller whole stick harvester."

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