QSL Media Release: QSL Raw Sugar Supply Agreements rolled over until 2017

1st July 2013 Queensland Sugar Limited (QSL) is pleased to announce that all six current milling partners have agreed to rollover their existing Raw Sugar Supply Agreements (RSSA) with QSL which will see them supply raw sugar until at least the end of the 2016 season (30 June 2017).

QSL Chief Executive Officer and Managing Director Greg Beashel said RSSAs are the supply contracts which allow QSL to pool raw sugar from Millers and market it for export. Millers contract to supply raw sugar to QSL on a rolling three‐year basis.

“We are very pleased these six clients have confirmed their choice to continue partnering with QSL and I thank them for their continued support,” said Mr Beashel.

“There is strong demand for Australian raw sugar in the Asian region and our focus is on continuing to maximise returns for all our members through our value‐adding activities in pricing, financing, marketing and logistics.”

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s