Fiji Time: 9:17 PM on Saturday 6 February

Fiji Times Logo

/ Front page / News

$31m for sugar export

Felix Chaudhary
Sunday, July 20, 2014

THE Fiji Sugar Corporation says the first shipment of locally produced sweetener is scheduled for export in August.

And it is expected to rake in about $31 million in foreign exchange earnings.

FSC executive chairman Abdul Khan said optimum weather conditions for harvesting and significant improvements in all four mills in the country could result in improvements to the cost of producing raw sugar this season.

"We have scheduled a shipment of 31,000 tonnes which should leave our shores around August 5 to August 10," he said.

The increasing efficiency of the mills with tonnes cane to tonnes sugar (TCTS) currently at 9.6 compared with 10.7 for the same period last year also augurs well for growers in terms of the FSC being able to offer a better cane price.

"The FSC and government have made a commitment to keep the cane price up there for the benefit of the farmers."








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 0.65200.6330
JPY 56.024953.0249
GBP 0.32480.3168
EUR 0.42350.4115
NZD 0.71170.6787
AUD 0.66170.6367
USD 0.47670.4597

from

$0.00

Exchange Rate updated on 5th February 2016

Today's Most Read Stories

  1. Tuwai in run-on side
  2. No restrictions
  3. Diplomat wanted
  4. Times better
  5. Sydney 7s: Fiji makes a good start
  6. Restore supply, says PM
  7. We lead the way
  8. Lease problems
  9. Goodwill pay dilemma
  10. Plea for tip-off

Top Stories this Week

  1. Blitzed out Monday (01 Feb)
  2. Suspended Tuesday (02 Feb)
  3. Dad will not see son in school uniform Sunday (31 Jan)
  4. Ryan admits he understand the losing feeling Monday (01 Feb)
  5. 7s reaction Tuesday (02 Feb)
  6. 49-year-old man arrested at Nadi airport Wednesday (03 Feb)
  7. 7s release Monday (01 Feb)
  8. Joy ride ends in the hospital Monday (01 Feb)
  9. Sevens changes Friday (05 Feb)
  10. Fiji picks up the pieces Thursday (04 Feb)