THE PRICE OF SUGAR.
In a recent statement the New Zealand Board of Trade said .that the basic price at which sugar was being sold in this Dominion, namely, £47 per ton, f.0.b., was considerably below the world's parity, and that sugar of like quality cannot be obtained elsewhere under approximately £lls per ton main ports. Will the Board of Trade be surprised to know that the Colonial Sugar Refining Company, Ltd., is quoting tablet sugar, f.o.b. Sydney, at £sl per ton? This sugar has always been £6 per ton doarer than sugar of the Al quality. It follows, therefore, that the price of Al sugar in Sydney should be £45 per ton. How can the Board of Trade claim, therefore, that the price of sugar in New Zealand is "considerably below the world's parity?" The Colonial Sugar Refining Company has given the position completely away in the price that it has just issued for tablet sugars.
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Bibliographic details
Wairarapa Age, 10 August 1920, Page 4
Word Count
157THE PRICE OF SUGAR. Wairarapa Age, 10 August 1920, Page 4
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