advertisement

Corporate

Monthly price caps sweeten deal for sugar cane growers

Sugar cane farmers have started benefiting from a new price regime that has placed a minimum amount that growers should be paid as millers move to implement the directive set by the regulator.

The millers including Mumias and West Kenya Sugar have increased cane prices in compliance with the new requirement that has put the price of cane per tonne at Sh3,452 in July.

Mumias Sugar has increased its prices from Sh3,300 to Sh3,800 per tonne and West Kenya from Sh3,200 to Sh3,400.

The Sugar Cane Pricing Committee (SCPC) formed two months ago will be recommending a minimum price per tonne of cane monthly.