In 2022, industrialist Tereos was solely responsible for the delay in negotiating the Convention canne, the document that sets the selling price of sugar cane for farmers. Tereos is the sole buyer of sugar cane planted on La Réunion. It therefore has a monopoly. And for Tereos, there’s no question of increasing a price that hasn’t changed in over 20 years. This price is based on a calculation formula that dates back to a time when cultivation practices, cutting and industry yields were very (…)