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Saturday, January 3, 2015

talks fail to fix price of sugarcane

Kathmandu, Jan 3: The representatives of Ministry of Industry, sugarcane farmers and sugar factory owners are meeting again next Friday in order to agree on a new price for sugarcane this season.

Talks held between the three sides failed to come to a conclusion on Friday, with both the sugarcane farmers and sugar factory owners not budging from their respective position.

An agreement was reached to sit for a dialogue next Friday after the sugarcane farmers and sugar factory owners discuss the issue at the district-level first, said Joint Secretary at the Ministry of Industry Jit Bahadur Thapa.


The sugarcane farmers have been stressing that the price of sugarcane should remain the same as last year, which was Rs. 476 per quintal. However, the sugar factory owners argue that it was not possible to purchase in the same price, as the market price of sugar has come down comparatively. RSS

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