Felda settlers will have to bear losses if sugar price remains low, says Ahmad Shabery

KUALA LUMPUR: The multifold increase in the price of raw sugar since 2020 has caused the actual price of sugar to far exceed the ceiling price set by the government at RM2.85 per kilogramme.

Federal Land Development Board (Felda) chairman Datuk Seri Ahmad Shabery Cheek said if the situation continued and the price of sugar remained low, it would cause Felda settlers to bear continuous losses.

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Felda , Ahmad Shabery Cheek , sugar , settlers , subsidy

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