PAKISTANI SUGAR MILLERS REACH 500,000 T OF DUTY-FREE RAW SUGAR IMPORTS

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Pakistani Sugar Millers Reach 500,000 T Of Duty-Free Raw Sugar Imports

Date :	08-Sep-2010
Subject :	Pakistani sugar millers reach 500,000 t of duty-free raw sugar imports
The Pakistan Sugar Mills Association (PSMA) has urged the government to allow the duty-free import of 500,000 tonnes of raw sugar to avert a sugar crisis next year, PSMA chairman Iskandar Khan said. He added that the association was concerned that the country may not achieve sugar production of 3.6-3.8 mln tonnes, white value, in 2010/11 because of the floods, while domestic consumption of 4.2 mln tonnes may rise for the new season by 100,000 tonnes, creating a deficit of at least 500,000 tonnes. He suggested to the government to remove the customs duty on raw sugar, which is 25%. Source: Agra-net

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