Weather Fiji, Suva   Max 30°C, Min 23°C

Fiji Sun

SUNBIZ

Cane Payment Of 2014 Is $119.5 Million: Brown

Cane Payment Of 2014 Is $119.5 Million: Brown
Photo: Fiji Live
March 20
09:54 2015

The total cane payment of the 2014 sugarcane season for the full year is $119.5 million.

This was confirmed by Tribunal at Sugar Industry Tribunal industrial commissioner/registrar Tim Brown.

Of this, $27.72 million will be issued as the third cane payment at $15.13 per tonne.

The cane payment per tonne is notably higher when compared to the same period in 2013 when it was $12.00 with $80.56 million payment in total.

Mr Brown said: “The final cane payment will be less than that paid out in 2013 due to a decline in the price of sugar.”

Feedback:  waisean@fijisun.com.fj

 

Share

Related Articles

you said it
"I support it 200 percent, I am with FRU, the country and the people of Fiji. We want to bid to get one of the HSBC stops in Fiji."
Waisale Serevi
Sevens Legend

Latest Photo Gallery

Fijisun Online @Instagram