Pakistan can get Indian sugar cheaper & faster if trade reopens
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Last Updated: Apr 04, 2021, 04:58 PM IST
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Sugar prices in the retail markets of Pakistan have spiralled sharply up to PKR 100 per kg due to production shortages and the country is mulling over imports. The Pakistan Economic Coordination Committee (ECC) has recommended the government to allow import of 5,00,000 tonnes of white sugar to boost domestic availability.
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Pakistan is the world s eighth largest producer and consumer of sugar. Sugarcane is grown on approximately 1.2 million hectares and provides the raw material for 89 sugar mills.
Pakistan can get Indian sugar cheaper and faster if the sugar-deficit neighbouring country resumes trade with India and contain its rising retail prices of the sweetener out there during Ramadan that will commence soon, sugar industry bodies said on Sunday.
NEW DELHI: Pakistan can get Indian sugar cheaper and faster if the sugar-deficit neighbouring country resumes trade with India and contain its rising retail prices of the sweetener out there during Ramadan that will commence soon, sugar industry bodies said on Sunday.
Sugar prices in the retail markets of Pakistan have spiralled sharply up to PKR 100 per kg due to production shortages and the country is mulling over imports. The Pakistan Economic Coordination Committee (ECC) has recommended the government to allow import of 5,00,000 tonnes of white sugar to boost domestic availability.
Last week, there were sudden hopes of trade reopening between the two nations. However, Pakistan s cabinet back tracked on the Pakistan ECC decision to allow import of sugar and cotton from India.
Sugar cos contract 65% of export target of 6 MT indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
Sugar exports may drop 24 pc this year due to logistics issues: Trade body AISTA
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Last Updated: Feb 11, 2021, 06:45 PM IST
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Sugar mills had exported 5.7 million tonnes of sugar against the mandatory quota of 6 million tonnes set for the 2019-20 season (October-September). AISTA said its crop committee, which reviewed the country s sugar production for this year, has reported export of sugar in the current season to be around 4.3 million tonne. The exports are likely to less than last year due to the logistics constrains.
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NEW DELHI: India s sugar exports may drop over 24 per cent to around 4.3 million tonnes in the current marketing season 2020-21, due to logistics constrains and less chances of shipments to Iran, trade body All India Sugar Trade Association (AISTA) said on Thursday. AISTA pegged sugar output to be higher at 29.9 million tonnes in the current 2020-21 marketing season (October-September), against 27.40 million tonnes in the l