Manufacturers To Pay More For Sugar
(Special) AUCKLAND, This Day. Manufacturers who use sugar will have to face increased costs from April 14 when an order terminating tne Government subsidy of £22 a ton on sugar takes effect. The withdrawal of the subsidy only affects manufacturers, and sugar sold to the public will still bo subsidised.
The termination was announced by Mr J. Costelloe, Food and Rationing Controller, in a circular letter received by several Auckland manufacturers yesterday. “Subsidy payments will be continued only on sugar sold for domestic consumption, or for use in serving hotel and restaurant meals,” stated the letter.
“This means that you will be required to pay the full market price for sugar acquired against permits. The full price varies from time to time and will be notified by the Price Tribunal in a price order, and by the Colonial Sugar Refining Co. Ltd., within the next few days ,and thereafter as chances occur.”
At present sugar is costing manufacturers about £3O a ton. Without the subsidy they will have to pay about £52 a ton and there is every indication that costs will rise.
At present there is a world shortage of sugar and prices have been increasing. Recently an increase of £6 a ton was made in New Zealand.
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https://paperspast.natlib.govt.nz/newspapers/NA19470403.2.29
Bibliographic details
Northern Advocate, 3 April 1947, Page 4
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215Manufacturers To Pay More For Sugar Northern Advocate, 3 April 1947, Page 4
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