Impact of Flood on Sugarcane Industry of Pakistan

Interdisciplinary Journal of Contemporary Research in Business, Vol. 4, No. 11, 2013

14 Pages Posted: 6 May 2015

See all articles by Murtazain Raza

Murtazain Raza

Habib Metropolitan Bank Limited

Ahmed Saeed

Hamdard University

Syed Shahid

Al-Noor Group of Industries

Najabat Ali

JIANGSU UNIVERSITY

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Date Written: January 10, 2013

Abstract

During the current season 2010-11 most of the Sugar Mills of the Sindh started crushing late October-2010 and up to 31st December, 2010 Crushed 2,165,625 metric tons of sugarcane as against 2,691,769 metric tons crushed in the same period last year. The sugar produced was 167,159 metric tons as against 224,626 metric tons last year and same situation in other provinces. A major issue pertains to sugarcane crushed is more or less the same but production of sugar decreased due to reduction in the recovery percentage. During the current period recovery percentage was 7.72 as against 8.34 % last year. The main cause of reduction in the recovery rate was the excess water due to devastating flood in the country and rain. As a result excessive water was absorbed by the sugarcane crop which reduced the sugar contents in the cane and increased in the weight of the same. This result in dual loss to the mills in the shape of more payments to the growers and less recovery.

JEL Classification: D24, O16, L11

Suggested Citation

Raza, Murtazain and Saeed, Ahmed and Shahid, Syed and Ali, Najabat, Impact of Flood on Sugarcane Industry of Pakistan (January 10, 2013). Interdisciplinary Journal of Contemporary Research in Business, Vol. 4, No. 11, 2013, Available at SSRN: https://ssrn.com/abstract=2602962

Murtazain Raza

Habib Metropolitan Bank Limited ( email )

Spencer's Building
I.I Chundrigar Road
Karachi, Sindh
Pakistan
+923442224000 (Phone)

HOME PAGE: http://www.murtazainraza.com

Ahmed Saeed

Hamdard University ( email )

Sharae Madinat Al-Hikmah
Karachi
Pakistan

Syed Shahid

Al-Noor Group of Industries ( email )

96-A, Sindhi Muslim Society
Karachi
Pakistan

Najabat Ali (Contact Author)

JIANGSU UNIVERSITY ( email )

Jiangsu University
Zhenjiang, CA
China
212013 (Fax)

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