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Jamaica hunting new sugar deal for next year

2015-05-08 10:07:25| Food - Topix.net

Jamaica Cane Product Sales , the marketing arm of the Sugar Industry Authority , is presently in talks with several international sugar refineries in a bid to secure a supply deal for the crop year 2016-2017. Jamaica is presently in the final year of a three-year deal with British firm Tate & Lyle, which is valued at US$896 per ton in the first year, US$786 in the second year; and US$770 in the final year, for 50 to 60 tons in each of the years outlined.

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