ISLAMABAD - The retail price of sugar is likely to go beyond Rs. 60 per kilogram in the coming season due to higher price of the commodity in the international market, Chairman Pakistan Sugar Mills Association (PSMA) Iskandar Khan informed TheNation on Monday. Iskandar said that Government was going to import one million tonnes sugar to overcome its shortage but the price of the commodity in the international market was so high that per kilogram price of sugar would surge beyond Rs. 60 in the country. However, he said, domestically produced sugar would be available at lower price. He said that imported sugar would reach Pakistan at Rs. 55 per kg and after adding the transportation and other cost, the price would go above Rs. 60 per kg. It is worth mentioning here that the Federal Cabinet had approved the Sugar Policy 2009-10 last week. According to the policy, the Government would import 0.5 million tonnes raw sugar and a same quantity of refine sugar to fulfil the gap between supply and demand. The production of sugar for the next year is likely to be around 3 million tonnes as against the demand of 4.2 million tonnes. Iskandar said PSMA could not import raw sugar as it lacked financial resources. Due to current market situation, no one wants to utilise its financial resources on import of the said commodity, he added. He said PSMA was providing sugar at Rs. 36 per kg to the Government for the 30 percent domestic use. The new crashing season would start from November 15 and it is the right time as farmers are waiting for it, he added. The sugar is not available even at higher prices in the country and if it is available somewhere, its price is above Rs. 60 per kg. Sugar is not available not only in open market but also in state-run utility stores. An official of the Ministry of Industries and Production told TheNation that it was not decided yet whether or not the Government would provide any subsidy on the imported sugar. However, it depends on the Supreme Courts final verdict regarding fixation of sugar prices and if court asked for Rs. 40 per kg for the next season, the Government would have no option but to provide subsidy.