Fiji Time: 11:31 AM on Friday 20 October

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 0.61840.5994
JPY 56.315753.3157
GBP 0.37500.3670
EUR 0.41770.4057
NZD 0.71070.6777
AUD 0.63150.6065
USD 0.49690.4799

from

$0.00

Exchange Rate updated on 20th, October, 2017

Today's Most Read Stories

  1. Sex video goes viral
  2. Police to get payout
  3. Probe delay
  4. Hopes and dreams of family go up in smoke
  5. Machine not working
  6. Neighbourhood enjoys fun day
  7. Sweets for the homeless
  8. Diwali with a difference for families
  9. Family makes homemade diya
  10. Boat training for seafarers

Top Stories this Week

  1. Man allegedly hit by bulldozer blade, dead Tuesday (17 Oct)
  2. Final in mind Monday (16 Oct)
  3. Faith, a true survivor against all odds Tuesday (17 Oct)
  4. Villagers pass around eTransport card Monday (16 Oct)
  5. Miranda turns to sex work to survive Thursday (19 Oct)
  6. Unsolved mystery of MV Joyita Sunday (15 Oct)
  7. Plans for Bati Sunday (15 Oct)
  8. Bati visits Ra villages Tuesday (17 Oct)
  9. Dreams do come true Thursday (19 Oct)
  10. Young lass laments mom's demise from cancer Monday (16 Oct)