Wednesday, May 14, 2014

Sugar Price will Rise in Ramzan


sugar prices will raise soon in Pakistan at highest.
Market experts say lower production and realisation are eating into sugar companies' margins. In addition, the Paksitan government has increased the state-advised price,
"With a rise in sugarcane price, the costs will rise and become more than the current sale price. 

the main issues is considered government legislation (approved rates ) of cane purchase , which are not fulfilled the requirements ,payment are not clear to farmers and directors also playing vital role the create the fuss as they are not interested to pay the money to be sweet. 

Sugar millers when asked if the drop in the national stocks would cause sugar price rise even further, they said the current prices do not even cover the cost of production, which includes sugarcane price. The government failed to implement its National Sugar Policy for attaching the cane price to recovery price of sucrose and eliminating the middle-men phenomenon. When the three-time farmer chairman of Pakistan Sugar Mills Association (PSMA) said ,As long as the government fails to implement the National Sugar Policy, Pakistan would be haunted by the recurrent sugar price rise cycle.

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