Pakistan : Sindh sugarcane Commissioner announces sharp cut in transport rates
The Sindh Cane Commissioner has reduced sugarcane transport charges effective November 15, following a drop in diesel prices. Transport rates for distances of 1-10 miles were reduced from Rs 17.02 to Rs 15.69 per 40 kg, while rates for 21-25 miles dropped from Rs 24.77 to Rs 22.84 per 40 kg. The new rates are subject to further adjustments if diesel prices fluctuate by Rs 5 or more. This reduction aims to lower operational costs for sugar mills, boosting profitability.
HYDERABAD: The Sindh Cane Commissioner has announced a substantial reduction in sugarcane transport charges, effective November 15. Rates for distances between 1-10 miles have been slashed from Rs 17.02 to Rs.15.69 per 40 kg, while rates for 21-25 miles have decreased from Rs 24.77 to Rs. 22.84 per 40 kg.
This decision follows the recent drop in diesel prices to Rs 258 per liter. The Cane commissioner will adjust rates accordingly if diesel prices fluctuate by Rs. 5 or more.
The move is expected to benefit sugar mills across Sindh, reducing their operational costs and boosting profitability.
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Source Link : Business Recorder
