Centre’s cane price for 2017-18 hikes 10.6%.

Centre government hikes the Centre FRP for sugarcane payable by mills in the ensuing 2017-18 crushing season Rs 25 to Rs 255 per quintal or 10.6%. This price linked to a basic sugar recovery rate of 9.5%, marks a 10.9% increase over the FRP of the last two seasons, which had been frozen at Rs 230 per quintal and raised marginally by Rs 10/quintal in 2014-15.