Sugar producers and sugarcane
farmers today fixed the price of sugarcane at Rs 500 per quintal for this
season.
Last year, farmers had
sold sugarcane at Rs 411.50 per quintal.
After a long dispute
between them, the sugar producers’ association and farmers’ association have agreed
to fix the price for this season.
The sugarcane rate for
this season was revised upwards on the basis of the rate offered by a sugar
mill based in Bihar state of India. The Indian mill had offered Rs 215 Indian
Currency (IC) per quintal last year and is likely to increase Rs 50 IC per
quintal this year too.
Earlier, farmers had
been demanding Rs 625 per quintal. 
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