Sugar industry position clarified

Sugar industry position clarifiedAny one aware of ground realities governing Pakistan's sugar industry, at least for the latest past four years at a stretch, will find the contents simply paradoxical, discounting readers' right to get facts, instead of writer's prejudices. The Pakistan Sugar Mills Association has, time and again, categorically stated the problems faced by the sugar industry and details of parleys held at least fo

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ANALYSIS: panicky sellers surrender to cotton buyers

ANALYSIS: panicky sellers surrender to cotton buyersKARACHI (July 26 2004): With the completion of sowings in the late sowing areas, cotton sowing in 2004-05 season has come to an end. Cotton harvesting in early sowing areas of Lower Sindh and some areas of central Punjab in Sahiwal, Chichawatni and Mian Chunnu has already commenced. Sindh ginners have not yet started their operation in new crop but some ginners in Sahiwal, Chichawatni and Chishtian

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ANALYSIS: prospects of bumper new crop further depress cotton prices

ANALYSIS: prospects of bumper new crop further depress cotton pricesKARACHI (August 05 2004): New cotton season 2004-05 has taken its start from August 1, but previously Pakistan's cotton season used to commence from September 1 every year. The reason for this revision is that our cotton activities---crop sowing, development and harvesting---are now starting quite earlier than before and that we have joined the international cotton community where cotton season sta

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ANALYSIS: some positive developments improve cotton prices

ANALYSIS: some positive developments improve cotton pricesKARACHI (August 10 2004): The much-awaited and widespread rains last week in cotton areas of Sindh and Punjab cotton belts have benefited the cotton crop. Since cotton sowing was not done at one time but at different times due to shortage of irrigation water, the crop throughout the country is at different stages of growth. This phenomenon reduces the risk of widespread damage to cotton crop. Howev

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Understanding Wheat shortage in Pakistan and potential of Sindh

Understanding Wheat shortage in Pakistan and potential of SindhSindh is currently passing through a sever wheat shortage, while Punjab has sealed its stock of around 6 million tons of wheat. Consequently Sindh is left with no option other than importing around 1.5 million tons of wheat. Since Punjab has been main source of agricultural production in the country, there fore it has remained the focus of major agricultural planning and development efforts. But si

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Analysis: Pakistan to buy wheat at lower prices

Analysis: Pakistan to buy wheat at lower pricesSINGAPORE: With strong signs that the world will produce a bumper wheat crop this year, Asian grain buyers may increasingly drag their feet on signing deals in an effort to put pressure on suppliers to cut prices. Australia and Canada two of the world’s biggest wheat exporters are expecting big harvests. In addition, Black Sea grain, for milling and for feed, is being amply offered at extremely comp

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Analysis: many mills active in cotton market

Analysis: many mills active in cotton marketA flurry of buying activity was witnessed on cotton market when a number of mills purchased most of the available stocks in recent sessions. Moreover, lint prices rose about Rs 50 per maund (37.32 kgs) on Thursday with tendency to remain on the steady side. Those mills, which reportedly participated in recent buying of cotton, include Indus Dyeing, Sapphire, Colony, Gulistan, Bhanero, Kassim Textil

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ANALYSIS: conducive weather conditions brighten bumper cotton crop prospects

ANALYSIS: conducive weather conditions brighten bumper cotton crop prospectsKARACHI: Conducive weather is brightening the prospects for a bumper cotton crop of 11.5 million 375-lb bales in 2004-05 season with very good cotton quality. As the harvesting is gaining momentum, more and more ginning factories are resuming operation in new crop cotton. Last week, when I visited cotton areas of Hyderabad, Sanghar and Nawabshah districts of Sindh, I found the crop generally to be

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PSMA refutes allegations

PSMA refutes allegationsThe Pakistan Sugar Mills Association (PSMA) refutes the allegations made in the article entitled "Government acting as sugar industry's marketing board", published in EBR, Dawn, dated August 17-22, 2004. PSMA refutes allegationsThe writer of that article seems to have been drawn by revenge approach due to his inability to contradict the facts presented by the industry. The entire write-up reflects

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