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Pakistan Sugar Mills Association (PSMA), Punjab Zone, will close down crushing on and around March 20 to save the precious high quality seed of sugarcane in the province. A spokesman of PSMA said here Thursday that the decision to close down crushing on and around March 20 was taken in a meeting of PSMA Punjab Zone. PSMA Punjab Zone Chairman Mian Shahid Shafi amongst other prominent sugar industrialists attended the meeting chaired by Central Chairman Chaudhry Zaka Ashraf.
"Since the sugarcane farmers are getting unprecedented prices against their proceeds, hence, apprehensions are high that they would supply the high quality seed of sugarcane to the mills in order to make more money," said Chairman PSMA. He also appealed to the sugarcane growers to review their harvesting plans.

Copyright Business Recorder, 2005

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