Bangladesh: Cheap imported sugar hits sales at Joypurhat sugar mill Despite Better Production

Bangladesh: Cheap imported sugar hits sales at Joypurhat sugar mill Despite Better Production

Cheap imported sugar is affecting the sale of locally produced sugar at Joypurhat Sugar Mills Limited, even as the country’s largest sugar mill reports improved production and better prices for sugarcane farmers in recent seasons, the daily sun reported. Set up in the 1960s, the mill has faced rising losses since independence due to issues such as poor management, excess staff, low sugarcane prices, and disputes with farmers. Between 2020 and 20…