Fiji Time: 6:56 PM on Sunday 21 January

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 0.62390.6049
JPY 56.369653.3696
GBP 0.36040.3524
EUR 0.41060.3986
NZD 0.69380.6608
AUD 0.63130.6063
USD 0.50390.4869

from

$0.00

Exchange Rate updated on 19th, January, 2018

Today's Most Read Stories

  1. Back to work
  2. Do the right thing and resign: Biman
  3. Fiji not built on smiles and fake promises, says Bainimarama
  4. ATS seeks legal advice
  5. Justice prevails, says Rabuka
  6. Unsafe practice
  7. Tribunal ruling is a victory for workers, says Chaudhry
  8. Diving trip turns tragic
  9. For a place in fashion festival
  10. 40th anniversary

Top Stories this Week

  1. Trip turns tragic Thursday (18 Jan)
  2. Mela beats the odds Thursday (18 Jan)
  3. Tube ride to school Thursday (18 Jan)
  4. Nadi man dies in crash Wednesday (17 Jan)
  5. Teachers transfer policy Monday (15 Jan)
  6. Patient info leaked Friday (19 Jan)
  7. Man attacks partner Monday (15 Jan)
  8. ATS Impasse: Tribunal orders return of all workers in 48 hours Saturday (20 Jan)
  9. Rasta's 'star' loves Fijian hospitality Saturday (20 Jan)
  10. Serevi, Ryan believe Tuwai can deliver Saturday (20 Jan)