Premium
Directors Report
Author(s) -
AS Eesti Ehitus,
Toomas Luman,
Alar Kroodo,
Ain Tromp,
Mait Schmidt,
Tiina Mõis,
Meelis Milder,
Jaano Vink,
Avo Ambur,
Sulev Luiga,
Priit Plu,
Eesti Ehitus
Publication year - 1994
Publication title -
medical journal of australia
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.904
H-Index - 131
eISSN - 1326-5377
pISSN - 0025-729X
DOI - 10.5694/j.1326-5377.1994.tb126004.x
Subject(s) - citation , computer science , information retrieval , library science
As reported earlier, the anticipated short-supply situation of sugarcane led to an unprecedented price war among the sugar mills from the very start of the crushing season. The situation has reached an alarming level as the mills have resorted to procurement of cane through cash payments at a premium ranging between 90% to 125% over the support price of Rs.100 per 40 kg. Your average cane purchase price is already 93% higher than last year. In the absence of any defined zone for the procurement of cane to each sugar mill, no sustainable measure to control the situation could be framed to bring sugarcane procurement price to a reasonable level. The situation is not expected to show any improvement as all possible efforts by the Mills to check the rising trend in the sugarcane procurement prices, have not shown any positive results. The Management has no other alternative but to procure sufficient quantities of sugarcane for an efficient operation of the Mills and as a result the average cost of cane per ton is likely to be substantially high compared to the previous season. Although the sugar prices have shown rising trend to partially absorb effect of higher sugarcane cost, any intervention by the Government would produce disastrous results for the sugar industry.