CHEAPER SUGAR.

Taranaki Daily News, 28 December 1920, Page 4

CHEAPER SUGAR.

JAVA SUPPLIES COM IKG SUPPLY NEXT MONTH.

Java sii.car is likely to reach Nmv Zealand about the end of next month, and this, it is said, will he retailed at a price lower than Tjint charged for the sugar now being distributed, under the auspices of the (loverniueul, by the Colonial Sugar Kenning Company. Several Taranaki merchant* have received quotations from Java for sugar to be shipped in January and February. These quotations show a distinct drop on previous rate.--, and it is considered that such sugar would retail at Id per lb less than the present maximum fixed prices. This does not apply to sugar now on the water from' -lava, which is expected to come to hand next month. This bears a much higher landed cost, mid will probably be sold at '/ : d per lb above present retail prices. The fact that a drop has taken place in Java is interpreted to mean that stocks there are wry largo, so that it is possible that importations will be heavy, ruder the circumstances, will the (lovcrnment reduce its prices to meet this competition when it develop*? Unfortunately, this cheaper sugar cannot arrive in lime to meet the demand for jam-making. Tt is expected that, onee the jam making demand has been met, there is likely to lie little further hoarding of supplies on the part of householders, in view of the possibility of cheaper sugar.

These importations will receive every support from the Department of Trade and Commerce.