Punjab Sugar Mills produce two million metric tons of sugar till February

Punjab Cane Commissioner Ahmer Malik has said that over two million metric tons of sugar (2,096,064) has been produced by Sugar Mills in Punjab during the current season and a total of 1,872,522 metric ton sugar was available in stocks.

The Cane Commissioner said that sugar mills purchased 21,239,399 metric tons of sugarcane from the sugarcane growers by February 26, during the current season.

The total cost of sugarcane is Rs.90.17 billion and sugar mills have made payment of over Rs.77.179 billion which is 86 percent of total amount.

He said the outstanding amount of Rs.12.99 billion with the sugar mills will be paid to the farmers by March 15.