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Rogers Sugar Inc.: Interim Report for the 1st Quarter 2014 Results
2014-02-03 06:51:49| Sugar Industry News
Volume for the first quarter was 162,258 metric tonnes, as opposed to 156,415 metric tonnes in the comparable quarter of last year, an increase of approximately 5,800 metric tonnes. Industrial volume was higher by approximately 4,700 metric tonnes due to the additional volume with existing and new customers. Consumer volume was higher by approximately 1,300 metric tonnes due mainly to timing in customers' retail promotions. Liquid volume also increased by approximately 3,600 metric tonnes due mainly to the recovery of a high fructose corn syrup ("HFCS") substitutable account in western Canada. These increases were offset by lower export volume of approximately 3,800 metric tonnes, mainly explained by a decrease in exports to Mexico.
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