required report public distribution date 4 19 2004 gain number pk4005 pakistan sugar annual approved by michael henney regional director us consulate dubai prepared ikram chaudhary ag specialist embassy islamabad highlights s my 05 production is forecast to decrease 3 66 million metric tons raw value as a result of corresponding in planted area due declining returns farmers are switching other short season high crops off load rising stocks the industry views exports solution this will be possible only if government provides an export subsidy 120 130 per ton includes psd changes yes trade matrix no pk1 pk table contents executive summary sugarcane 1 and province policy 2 refined supply demand 5 consumption 6 agriculture sector has recovered from prolonged drought yield levels sucrose recovery expected improve last year good monsoon coupled with about 30