{"id":44053,"date":"2026-08-28T19:00:36","date_gmt":"2026-08-28T17:00:36","guid":{"rendered":"https:\/\/www.channelafrica.co.za\/channelafrica\/?post_type=news&#038;p=44053"},"modified":"2026-08-28T19:00:36","modified_gmt":"2026-08-28T17:00:36","slug":"illovo-disappointed-by-sas-lower-sugar-protection-price","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/illovo-disappointed-by-sas-lower-sugar-protection-price\/","title":{"rendered":"\u00a0Illovo disappointed by SA&#8217;s lower sugar protection price"},"content":{"rendered":"<div dir=\"auto\">One of the biggest South African (SA) sugar companies Illovo Sugar SA has expressed its disappointment that the increase in the Dollar-Based Reference Price gazetted this Friday is only about half the increase the industry asked for in 2024.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">The Dollar-Based Reference Price is an instrument that can be activated to protect the local industry when global sugar prices fall to the reference price.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">Illovo Sugar SA\u00a0 wanted the protection mechanism to be set at 905 dollars, while only 785 dollars per ton was approved.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">Illovo Sugar SA says in a statement this exposes the local industry to a worsening cycle of losses due to cheap imports, threatening jobs.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">&#8211;SABC&#8211;<\/div>\n","protected":false},"featured_media":33568,"template":"","meta":{"_acf_changed":false,"_links_to":"","_links_to_target":""},"news-type":[26],"class_list":["post-44053","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-general_news","entry"],"acf":{"short_description":"Illovo Sugar SA\u00a0 wanted the protection mechanism to be set at 905 dollars, while only 785 dollars per ton was approved.","published_date":"","news_description":"Illovo Sugar SA\u00a0 wanted the protection mechanism to be set at 905 dollars, while only 785 dollars per ton was approved.","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/44053","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/44053\/revisions"}],"predecessor-version":[{"id":44054,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/44053\/revisions\/44054"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/33568"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=44053"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=44053"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}