The first direct export sale in Mackay Sugar’s history shipped in September, with 24,000 mt of raw sugar leaving for Japan aboard the MV Crystal Island.
The MV Crystal Island left the Port of Mackay on 18 September and arrived in Japan in early October.
Thanks to new marketing arrangements, the direct sale means that costs previously associated with transferring export sugar through QSL or its predecessors are no longer paid, putting more money into growers’ pockets.
In the current environment of low world sugar prices, every cent saved is a win for growers, and Mackay Sugar’s pricing and marketing organisation, QCS, continues to focus on keeping costs as low as possible, while also squeezing every advantage out of pricing fluctuations in the market.
Mackay Sugar and QCS would like to thank the staff at the Mackay Bulk Sugar Terminal for their efforts in loading the cargo.
17 October 2019