24
Apr

FSC Pays Third Cane Payment Ahead of Schedule in Support of Farmers

The Fiji Sugar Corporation Limited (FSC) is pleased to advise that the third cane payment of $10.91 per tonne has been paid today, 17 April 2026, three days in advance of the previously announced date of 20 April 2026.

Contrary to the claims of some, this payment is in full compliance with our obligations under the Master Award.

The payment includes a Government top-up of $10.07, over and above the actual realised price of $0.84 per tonne.

Despite its highly stressed liquidity position, FSC is directly contributing $7.38 million from its own funds towards this payment.

In doing so for the first time in its history, this gesture goes beyond FSC’s contractual obligations and is made in recognition of the hardships faced by cane farmers.

Nitya Reddy

Chairman