ISLAMABAD  – Surplus sugar production is expected this year too as over 4.5 million tons of sugar production is estimated against the domestic requirements of 4.2 million.
Sugarcane crushing continues in full swing across the country as all existing sugarcane crushing units are operating at their optimal capacity to produce the commodity for fulfilling the local consumption as well as to export, said National Sugarcane Coordinator, Sohail Muhammad Khan.
Talking to the news agency on Monday, he said that sugarcane harvesting was completed in the Sindh province and crushing was also nearing completion as all 30 sugar mills were running at their maximum capacity to produce the commodity.
Meanwhile, in Punajb crop harvesting over 95 Per cent area has been completed and all 46 sugar mills were busy in crushing the sugarcane to produce sugar, he added. Sohail Khan said that sugarcane crushing also witnessed full swing in
Khyber Pakhtunkhwa where all 6 mills were running at their installed limit adding that the crushing season for the year 2012-13 is likely to continue till first week of next month.
Sugarcane crop production was expected to remain about 55 million tons as against the 63.5 million tons of last year, however, he said that final figures of crop output are yet to come. The indicative sugarcane price was fixed at Rs. 172 per 40 kg in the Sindh where as it was fixed at 170 per 40 kg in Punjab for the crop year 2012-13, he added.
He said that carry forward stocks from 2011-12 crop of about 1.3m tons were also laying with the local mills and sugar was available at Rs. 52-54 per kg in the open market across the country where as it was also accessible at Rs 48 per kg in all Utility Stores outlets.
National Sugarcane Coordinator informed that new consumption year 2012-13 will start from February and decision to export the surplus commodity would be taken after reviewing the stock position.