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$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."

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