Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business

Rs155 instead of Rs182/40kg: Sugar mills reject to buy sugarcane at govt rates

byCustoms Today Report
19/01/2015
in Business
Share on FacebookShare on Twitter

ISLAMABAD: The sugarcane-crushing season has been delayed in Sindh as sugar mills have refused to buy the crop at the government’s notified price of Rs182 per 40kg and are determined to buy crop at Rs155 or less.

However according to the growers, around five mills in Ghotki and Sukkur districts are paying the official price.

You might also like

Pakistan offers 1,000 acres of land to Turkish investors in Karachi Industrial Park

04/11/2026

Pakistan surpasses vietnam in rice exports during September 2026

03/11/2026

Cane growers also refused to give-in to the closure of the mills, and have held rallies and protests across the province. Amidst the pressure, millers are issuing indents to cane producers, and cane trolleys can be seen on roads moving towards different mills.

Cane was sown on 700,000 acres of farmland in the province this season. Most small- and medium-sized growers are now hard-pressed to sell their crop at throwaway prices, ranging between Rs130-150 per 40kg, on average. And they cannot afford to keep the crop intact in the fields.

Cane-crushing usually continues till February-March, and around 60pc of the crop is normally crushed by January if things move smoothly. But estimates show that only 15-20pc of the total crop has been harvested for crushing so far. Farmers fear the crushing season will be dragged to April, or even May. Meanwhile, the federal government has permitted the export of 650,000 tonnes of sugar, with a subsidy of Rs10 per kg.

Related Stories

Pakistan offers 1,000 acres of land to Turkish investors in Karachi Industrial Park

byCT Report
04/11/2026

ISTANBUL: Pakistan has offered 1,000 acres of land earmarked for Turkish enterprises in Karachi Industrial Park, inviting Turkish companies to...

Pakistan surpasses vietnam in rice exports during September 2026

byCT Report
03/11/2026

ISLAMABAD: Pakistan recorded a significant increase in rice exports in September 2026, overtaking Vietnam despite tensions in the Gulf region...

SECP blocks inactive companies from opening new bank accounts

byCT Report
02/11/2026

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) on Saturday declared 39,704 companies “Inactive by Registrar” for failing to...

OGRA increases RLNG prices by up to 15.3pc in October

byCT Report
31/10/2026

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has increased regasified liquefied natural gas (RLNG) prices by up to 15.3%...

Next Post

Iran plans to cut oil price in next budget up to $40 a barrel

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.