Meeting of the Sugar Advisory Board was held in the Ministry of Industries
Islamabad: This was chaired by the Additional Secretary Ministry of Industries. Chairman Trading Corporation of Pakistan, Secretary Food Punjab, representatives of Cane Commissioners of Punjab, Sindh and KP, officials of State Bank of Pakistan, members of Pakistan Sugar Mills Association and representatives of the sugarcane growers associations attended the meeting.
The representatives of the provinces provided the meeting with the statistics about the sugar produced and the estimated production in this crushing season which will end by around 20th March in northern Punjab and KP and by 25th March in Southern Punjab and Sindh.
It was informed that Punjab has crushed 2.7 million Tons of sugar, Sindh 1.027 million Tons and KP 0.275 million Tons. Representatives of the PSMA informed that the keeping in view the current average daily production of sugar and the sugarcane available with the growers, Punjab is expected to produce 3.1 million tons of sugar, Sindh 1.26 million tons and KP 0.375 million tons.
This suggests that an estimated 4.735 million tons of sugar will be produced in the 2011-12 crushing season and a carryover stock of 0.5 million ton make total of 5.2 million tons of sugar in the country, PSMA told. The Association suggested that the Government should procure 0.4 million tonnes of sugar from the domestic market instead of importing the sugar at a higher price.
The Ministry said that the recommendations of this meeting will be discussed in the higher forum for further decision.
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