The Final RV price in respect of cane delivered in the 2014/15 season was declared at R3 437.97 per ton. This represents an increase of R78.76 compared with the previous price (cane delivered in January 2015). The substantial increase in the final price was due to the implementation of the local market notional price increase, which came into effect in the latter part of February. The underperformance of local market sales against the estimate also contributed to the increase by way of the higher volume of local market sugar that was carried over into the 2015/16 season.
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