AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 129.06 Decreased By ▼ -0.47 (-0.36%)
BOP 6.75 Increased By ▲ 0.07 (1.05%)
CNERGY 4.49 Decreased By ▼ -0.14 (-3.02%)
DCL 8.55 Decreased By ▼ -0.39 (-4.36%)
DFML 40.82 Decreased By ▼ -0.87 (-2.09%)
DGKC 80.96 Decreased By ▼ -2.81 (-3.35%)
FCCL 32.77 No Change ▼ 0.00 (0%)
FFBL 74.43 Decreased By ▼ -1.04 (-1.38%)
FFL 11.74 Increased By ▲ 0.27 (2.35%)
HUBC 109.58 Decreased By ▼ -0.97 (-0.88%)
HUMNL 13.75 Decreased By ▼ -0.81 (-5.56%)
KEL 5.31 Decreased By ▼ -0.08 (-1.48%)
KOSM 7.72 Decreased By ▼ -0.68 (-8.1%)
MLCF 38.60 Decreased By ▼ -1.19 (-2.99%)
NBP 63.51 Increased By ▲ 3.22 (5.34%)
OGDC 194.69 Decreased By ▼ -4.97 (-2.49%)
PAEL 25.71 Decreased By ▼ -0.94 (-3.53%)
PIBTL 7.39 Decreased By ▼ -0.27 (-3.52%)
PPL 155.45 Decreased By ▼ -2.47 (-1.56%)
PRL 25.79 Decreased By ▼ -0.94 (-3.52%)
PTC 17.50 Decreased By ▼ -0.96 (-5.2%)
SEARL 78.65 Decreased By ▼ -3.79 (-4.6%)
TELE 7.86 Decreased By ▼ -0.45 (-5.42%)
TOMCL 33.73 Decreased By ▼ -0.78 (-2.26%)
TPLP 8.40 Decreased By ▼ -0.66 (-7.28%)
TREET 16.27 Decreased By ▼ -1.20 (-6.87%)
TRG 58.22 Decreased By ▼ -3.10 (-5.06%)
UNITY 27.49 Increased By ▲ 0.06 (0.22%)
WTL 1.39 Increased By ▲ 0.01 (0.72%)
BR100 10,445 Increased By 38.5 (0.37%)
BR30 31,189 Decreased By -523.9 (-1.65%)
KSE100 97,798 Increased By 469.8 (0.48%)
KSE30 30,481 Increased By 288.3 (0.95%)

Despite offering higher prices to the growers for this cane crushing season, millers are receiving less cane either at mill's gate or prescribed purchasing centres in Sindh and NWFP, sources in the ministry and industry told Business Recorder on Wednesday.
"The millers are receiving less cane, as the growers now understand economics of their produce, which like other parts of the world is also a political commodity," official sources told Business Recorder when contacted for comments.
The middlemen (Artis) were offering Rs 90 per maund to the growers for bringing their produce in the last week of December or in the first week of January in Sindh, he added. Sugar mills in NWFP are even offering Rs 95 per maund, which is above the fixed price of Rs 65, Sikandar Khan, PSMA head in the province disclosed when contacted by this correspondent on telephone.
"We have time and again requested the Minfal and PM's adviser on Finance for either banning gur making or levying duty on the gur, which have put the cane industry on the verge of closure but still no action has been taken in this connection", Khan added.
Gur making has now spread to the villages and towns in Punjab thus becoming a industry parallel to sugar, as the prices of gur also showing upward trend in the market, he said. Federal Cane Commissioner, Inayatullah Khan refused to comment on gur issue but said out of 28 sugar mills in Sindh, 24 have started crushing while in Punjab crushing is progressing as per schedule.
When asked about the production, Cane Commissioner hoped that it would be around 3.5 to 3.6 million tonnes against the consumption of 3.9 million tonnes and TCP had a carry over stock of 500,000 to 600,000 tonnes for 2006-07.

Copyright Business Recorder, 2006

Comments

Comments are closed.