Basmati exports surged to 328,374 tonnes ($305n) from 244,040 tonnes ($255m) while other varieties exports fell to 1.791m tonnes ($749m) from 2.034m tonnes ($812n) in 7MFY18.
Sugar prices swelled to Rs62-65 from Rs55 per kg while its exports plummeted to 276,393 tonnes ($82m) from 610,770 tonnes ($227m) in 7MFY18.
Imports of pulses, palm oil, tea increase despite rupee devaluation
Sugar production in the last season was 7.5m tonnes well above the requirement of 5-6m tonnes, leaving extra stocks of 1.5m tonnes.
According to the figures of Large Scale Manufacturing, Pakistan's sugar production fell by 7pc in July-May 2017-18 to 6.55m tonnes from 7.044m tonnes in the same period of 2016-17.
Wheat export target missed
Cantaloupes which were cultivated in a total area of 2,846 acres yielded a production of 33,463
tonnes while pepper was cultivated in 2,531 acres and the production stood at 64,663
tonnes.
259,000 ACRES CULTIVATED FOR DIFFERENT CROPS IN 2018: NCSI
Walsall to Birmingham By car: 1.9
tonnes (131 party balloons) By train: 0.4
tonnes (29 party balloons)
Tomorrow's World
Consumption of furnace oil in FY18 plunged by 23pc to 7.4m
tonnes. Punjab used 3.7m
tonnes as compared to 5.3m
tonnes while the share of Sindh and Balochistan dipped to 2.4m
tonnes and 1.3mn
tonnes as against 2.628mn
tonnes and 1.649mn
tonnes in FY17.
Oil sales drop 30pc
The industry increased its production capacity by 6.58pc during 2017-18 and its capacity utilisation stood at 92.82pc, the highest since 1992-93 when its total production capacity was only 8.89m
tonnes compared with 49.44m
tonnes in 2017-18.
Cement sales hit record 45.8m tonnes in 2017-18, exports rise