Browsing Tag

Cane

Millers decide to stop crushing sugarcane over price dispute

January 06, 2015 - Mohammad Bilal Tahir - BR Report - Sugar millers in Sindh have decided to shut down their plants and stop crushing sugarcane as a result of a deepening row between the industry and provincial government over the fixation of sugarcane prices in the province, well informed sources in the industry told us. Sources said that farmers have also stopped harvesting sugarcane after millers announced that they would begin their operations from January 6. The Sugar Mills said…

Sindh government refixes sugar cane price at Rs 182 per 40kg

December 08, 2014- INP - Sindh Chief Minister Syed Qaim Ali Shah keeping in view the demand of the growers and protests by the farmers has increased minimum price of sugarcane from Rs155 to Rs182 and urged sugar mill owners to start crushing. Addressing a press conference at CM House here on Sunday, Qaim Ali Shah said the price of sugar cane which was reduced from Rs 182 to Rs 155 per maund has been re-fixed at Rs182. This decision has been taken on the public demand, he said. The…

Indian sugar futures rise on delay in cane crushing

November 20, 2012 Indian sugar futures rose on Monday in choppy trade as an expected delay in cane crushing in the top two sugar-producing states offset higher supplies by mills amid lacklustre demand in spot markets. The key December contract on India's National Commodity and Derivatives Exchange ended up 0.15 percent at 3,336 rupees per 100 kg. "Demand has declined a bit after Diwali and sugar prices will take cue from the December quota. Most traders are waiting to see the outcome…

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