News

Sugar price in the world market slightly increased

December 20, 2015 5:33 pm

The sugar price in the world market has slightly increased.

But the Fiji Sugar Corporation executive chair Abdul Khan told FBC News this increase is not significant as the price still remain very low.

Khan says the Fiji Sugar Corporation will continue to look sugar markets outside the European Union to sell its sugar.

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Khan says already raw sugar from the last crushing season has been exported to several new markets abroad.

Khan says these raw sugar exports have been paid fifteen percent more than what Fiji is gaining from the EU market.

According to-Khan this could even be higher as the FSC continue to secure new overseas market to sell its sugar.