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Wednesday, 8 November 1967


Mr Hayden asked the Minister for Primary Industry, upon notice:

What were the:

(a)   quantities- of sugar sold and

(b)   prices per ton obtained for the sale of sugar on:

(i)   the domestic market and

(ii)   each of the export markets during each of the past ten years?


Mr Anthony - The answer to the honourable member's question is as follows:

As I have no information on the actual prices paid for most sales on overseas markets in the last ten years - and indeed the number of separate transactions would make it impracticable to convey that information concisely if it were available - I think that the most informative answer I can give the honourable member is to provide the attached tables. The first table shows the quantities sold on the domestic market and the average annual return to producers from that market over the ten seasons. The second shows the quantities of raw sugar exported to particular markets in each of the last ten financial years, and the average annual value by destination of such exports, f.o.b.

Some explanation of the basis of the two tables will help the honourable member. Although the export information is shown on a July-June year it is nevertheless closely comparable to the exports of sugar produced in the June-December crushing season shown under the same year heading in the table concerning the domestic market. Secondly, Commonwealth statistics of the export of raw sugar show tons of 'actual' sugar, i.e., irrespective of the proportion of pure sugar in each ton. However, the home consumption statistics which I have given are in the standard measure of purity used by the Australian industry, i.e., 94 nettitre'. One ton of 'actual' raw sugar is approximately equivalent to 1.026 tons of '94 net titre' sugar.

 

 







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