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LAHORE: The Pakistan Sugar Mills Association (PSMA) has categorically rejected the rumours that there is a looming threat of sugar shortage in the country.

The PSMA spokesman on Thursday said that at present sugar mills were not running to their full capacity due to a few reasons. “One of these issues includes that there are some people in the market who want imported sugar to remain present in the market. These people are pressurizing the retailers to sell imported sugar rather the locally produced quality sugar.”

On the other hand, farmers have yet not harvested the sugarcane completely because in southern Punjab they are harvesting cotton to make space for wheat sowing. Whereas in central Punjab, farmers are harvesting rice and corn in order to sow the wheat crop.

Tarin urges PSMA members to start production at earliest

After getting free from these crops, farmers will harvest the sugarcane crop. At present, the sugar mills are trying their utmost to make it possible that quality and locally-produced sugar must be sold in the market in order to give timely payments to the farmers.

The spokesman added that the sugar industry had made an appeal last year and this year too to the government not to run the sugar mills before the scheduled time because shortage of raw material (sugarcane) will ultimately bring loss to the sugar mills. In that scenario, sugar mills have to crush the low ripe sugarcane on furnace oil and fuel which led to huge loss of billions of rupees to the industry. But the sugar industry fully cooperated with the government despite facing huge loss due to early start of crushing season.

He went on to say that the sugar industry wants to go along with the federal and Punjab government so that the industry, farmers, masses and government can avert any future crisis.

Copyright Business Recorder, 2021


Comments are closed.

Abdul Samad Nov 26, 2021 10:07am
So why before few weeks pasma announce Suger stocks are at end and create hype in Suger price 100 to 150 per kg and as per quality Suger Pakistani Suger industry not able to export bcz dirty and low class Suger not accept by any country but only for Afghanistan shameless Suger cartel playing dirty game.
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Ahmad Ali Shah Nov 26, 2021 11:39pm
The sugar manufacturing business is simple process that starts from purchase of sugarcane from growers and then process in mills, make sugar and pack it to deliver to the market. The sugarcane rate is defined by government and as such the sugar price comes out at sugar mills according to sugarcane price at an nearabout agreed formula. However, after sale of sugar to local market, the character of local market wholesale dealers starts and this is the place where control of sugar price is carried out. No growers or sugar mills are responsible for price hike after sale of sugar to local markets all over the country.
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