News

Sugarcane price surged before crushing season

By News Desk

November 4, 2023 03:11 PM


Representational image

The sugarcane price has surged before the crushing season and the sugar rate is also likely to go up in the new season after the raise in sugarcane price, reported 24NewsHD TV channel on Saturday.

Sources said that the food department is considering to increase the price of sugarcane by Rs125 to Rs150 per maund.

Sources said that Cane Commissioner's office proposes new price of sugarcane at Rs425 to Rs450.

Agriculture department's proposal to raise sugarcane price to Rs 440 per manna, sources

The current price of sugarcane is Rs 300 per maund and it is expected that the production cost of sugarcane is likely to increase in new season.

In this regard Punjab Chief Minister Mohsin Naqvi had directed to start the crushing season from October 28.

The Sugar Advisory Board meeting will be held on November 6.

On the other hand sources said that farmers have demanded a sugarcane price of Rs500 per maund.

Reporter: Saeed Ahmad


News Desk


Most Read

  1. 'Underdogs' New Zealand vow to 'fight' in T20 series with Australia 'Underdogs' New Zealand vow to 'fight' in T20 series with Australia
  2. Saudi Airline flight makes emergency landing at Karachi Airport Saudi Airline flight makes emergency landing at Karachi Airport
  3. More than 8 million Pakistanis left abroad during 2023: FIA report More than 8 million Pakistanis left abroad during 2023: FIA report
  4. Arrest warrants for owner of Master Tiles issued Arrest warrants for owner of Master Tiles issued
  5. Jannat Mirza's sister responds to critics over 'groomless' Rukhsati Jannat Mirza's sister responds to critics over 'groomless' Rukhsati
  6. Bilawal Bhutto rules out ‘free vote’ for PML-N in govt formation Bilawal Bhutto rules out ‘free vote’ for PML-N in govt formation

Opinion

  1. The Dark Side of Generation Z
    The Dark Side of Generation Z

    By Dr Asif Channer

  2. THE SECRET WAR: Public Interest Vs Official Secrets Act 1923
    THE SECRET WAR: Public Interest Vs Official Secrets Act 1923

    By Syed Aun Mohammed Bokhari

  3. Political Opportunism and the 18th Constitutional Amendment
    Political Opportunism and the 18th Constitutional Amendment

    By Muhammad Asad Ayaz

  4. To Know and Not to Know
    To Know and Not to Know

    By Abdullah Bin Tahir

  5. Gender equality: A pre-requisite for a balanced society
    Gender equality: A pre-requisite for a balanced society

    By Mehak Sabir