Who We Are
We’re Moving Beyond the Canefields
MSF Sugar, whose heritage in Australia spans more than 125 years, envisions a future that centres on being a leader in the biofutures sector. With multimillion-dollar investments in green power plants, novel farming systems and agricultural infrastructure, together with our grower partners, we are committed to developing the sugarcane industry in Australia.
Our Corporate Head Office is located in Gordonvale, just south of Cairns and our major milling assets are located in Far North Queensland and the Fraser Coast region in South East Queensland. Internationally, we are part of the Thai-based Mitr Phol Group.
Our current assets include four sugar mills, which are located at Gordonvale, South Johnstone, Atherton Tablelands and Maryborough, supporting infrastructure (including cane railway networks), agricultural property and water rights to support our cane growing activities.
In addition to our milling and farming operations, we have built an $86M green energy power station at our Tablelands Sugar Mill. The power station uses a 100 per cent renewable sugarcane fibre known as bagasse to produce 24 megawatts of electricity – which, after commissioning, will be enough to power every house in the Atherton Tableland region.
Latest News
Market Update – March 2024
Market update summary
- The spot ICE11 raw sugar price peaked at 28.14 cents per pound in November 2023. A weak AUD through October-November 2023 saw forward sugar prices in Aussie dollar terms surge to multi year highs.
- Significant upward revisions… Read More
Market Update – October 2023
Market update summary
- The spot ICE11 raw sugar price rallied to a 12 year high of 27.62 cents per pound in mid-September on the back of dry weather conditions across India and Thailand. This is equivalent to almost AUD… Read More
Market Update – May 2023
The spot value of sugar in Australian dollars per tonne skyrocketed more than 30% through March and April 2023 after a combination of bullish fundamental developments combined to drive sugar to an 11-year high whilst the AUD/USD exchange rate remained subdued below… Read More
Understanding Sugars
The term ‘sugar’ usually refers to what we know as table sugar – the type of sugar we use in baking or add to our tea or coffee. In Australia this type of sugar comes from sugarcane, but the sugar we see on the table is only one type of sugar that is found naturally in a whole range of foods.
All ‘sugars’ are carbohydrates which along with starch is our body’s main source of energy. We rely on sugar for energy – be it for our brains, bodies or nervous system. In fact it has been part of our diets for thousands of years.
Sugar is found naturally in most foods like fruits, vegetables and milk as well as being an ingredient used in a wide range of foods and drinks*.
*Sourced from All About Sugars, an initiative of the Australian Sugar Industry Alliance (ASA) nutrition team.
© 2015 MSF Sugar PTY LTD