Fiji Time: 8:42 PM on Saturday 25 June

Fiji Times Logo

/ Front page / News

FSC signs deal

Felix Chaudhary
Friday, August 01, 2014

THE country's lone sugar miller has signed off on a deal with Tate & Lyle Sugars to sell a majority of locally-produced sweetener to the UK buyer.

Fiji Sugar Corporation executive chairman Abdul Khan said the deal struck with the UK buyer also allowed the FSC to look for and trade with alternative companies.

"We have signed off with Tate & Lyle but we are also in the process of developing other markets as well," Mr Khan said.

"Should other markets step up and offer a competitive price, then we do have an opportunity to sell to them."

The FSC is projecting a total crush of about two million tonnes of cane and the production of 210,000 to 215,000 tonnes of sugar this season.

The first sugar shipment of 30,000 tonnes to the UK is scheduled for this month.








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 0.62890.6099
JPY 51.756848.7568
GBP 0.33200.3240
EUR 0.43310.4211
NZD 0.68970.6567
AUD 0.65560.6306
USD 0.49140.4744

from

$0.00

Exchange Rate updated on 23rd June 2016

Today's Most Read Stories

  1. Resignation threat
  2. Rabuka in
  3. Police probe body parts find
  4. Prasad: Thank you sir
  5. Rabuka presents apology, calls for support
  6. Time to sacrifice for teams to Rio
  7. A-G clarifies $5m allocation
  8. Police: Don't speculate on body parts find
  9. Axed BAF staff to be investigated
  10. Six-year-old latest road accident victim

Top Stories this Week

  1. Miss Fiji joins Fiji Police Force Monday (20 Jun)
  2. From mediocre to a PhD Sunday (19 Jun)
  3. For his people Tuesday (21 Jun)
  4. Hayne works on 'God's call' Friday (24 Jun)
  5. Samisoni, 12, beats all odds Monday (20 Jun)
  6. 3 Flying Fijians and Tuwai march in Tuesday (21 Jun)
  7. 'Big task' Tuesday (21 Jun)
  8. 'Nothing unusual' Tuesday (21 Jun)
  9. 12 families homeless Wednesday (22 Jun)
  10. Police confirm discovery at Natadola beach Friday (24 Jun)