Sun, Nov 24, 2024
Money
Farmers wanted Rs562 per quintal: Mills start purchasing sugarcane
Sugar mills in Sarlahi have started purchasing sugarcane from farmers without fixing the price of the crop.bookmark
Aman Koirala
Published at : December 24, 2017
Updated at : December 24, 2017 10:26
Sarlahi
Sugar mills in Sarlahi have started purchasing sugarcane from farmers without fixing the price of the crop.
Farmers were earlier demanding Rs562 for every quintal of sugarcane. However, sugar mills declined to accept farmers’ proposal stating sugar prices had dropped worldwide.
As differences between farmers and sugar producers widened, the price could not be fixed.
But now farmers have agreed to supply the crop as mill owners have agreed to provide at least Rs531 for per quintal of sugarcane.
Sugar producers had resorted to this measure as discussions consumed much of the time, delaying the production cycle. Sugarcane is planted on around 22 hectares of land in Sarlahi.
The district produces around Rs8 million worth of the crop.
Most Read from Money
Exports hit as India wants ‘no Chinese component’ in Nepali goods
Nepalis can scan and pay in India beginning next year
Nepal begins historic power export to Bangladesh via India
Nepal secures ‘BB Minus’ rating, ranks second in South Asia after India
Visitors from ten countries, regions in Southeast Asia and Europe can scan and pay in Nepal
Editor's Picks
E-PAPER | November 24, 2024
×