Husein Mills starts sugar crushing season

MG News | November 17, 2021 at 04:19 PM GMT+05:00

0:00

November 17, 2021 (MLN): The management of Husein Sugar Mills Limited (HSM) has announced that the company has commenced the sugar crushing season 2021-2022 from Wednesday, November 17, 2021.

The above information was disseminated by the company through a notice issued to Pakistan Stock Exchange (PSX).

Considering the sugar shortage, Shaukat Tarin, Adviser to the Prime Minister on Finance and Revenue urged sugar millers to start the sugarcane production at the earliest in order to make supply smooth.

While, spokesperson to Finance Minister, Muzzammil Aslam said in his tweet on November 9, 2021, that sugar millers would start sugar crushing from Mid-November.

To note, the country is only left with 635,000 metric tons (MTs) which will be sufficient till November 29, 2021.

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