QSL Advances rate increased

QSL’s Standard Advances rate for February 2018 has been lifted to 85%. The QSL Board today raised QSL’s previously scheduled February Advances rate increase of 2.5% to 5% to help offset the impact of recent low world sugar prices.  The increase will come into effect next Wednesday 21 February 2018, with QSL paying Millers on this date and funds dispersed to growers as per the usual local payment arrangements. QSL’s direct payments to Wilmar Growers will be made on Thursday 22 February 2018. Wilmar Growers should note that values generated within the QSL Cashflow Forecast Tool now reflect the updated February Advances rate.   For further information about QSL’s indicative Advances schedule, please click here.QS