Sugar - Sweet
p. 29 · Read in the full issue
And Sour
Fiji will export less sugar at prices over double current world prices as a result of a new inter national sugar agreement. The agreement, restricts all sugar exports, but offers exporters prices of about £Stg.37 a ton, compared with recent £stg.l6 a ton prices.
The colony’s future production will be limited to about 336,000 tons, which include 145,000 tons to the free world market, 140,000 tons to Britain (under the Com monwealth Sugar Agreement), 36.000 tons to the US and 15,000 tons for home consumption.
Welcomed by Fiji’s only exporter, CSR, the news may be harder to take for farmers—lndian and Fijian—who can produce over 336.000 tons of sugar under good weather conditions.