Sugarcane crushing for 2019-20 fiscal year began at Faridpur Sugar Mills on Friday afternoon.
MP from Faridpur-1 constituency Manjur Hossain Bulbul inaugurated the crushing season at the mill in Madhukhali in the afternoon.
The crushing target was fixed at 78,000 metric tonnes of sugarcane in 77 days with the recovery rate of sugar at 7.5 percent.
The sugar mill incurred a Tk 70.39-crore loss in 2018-19 financial year and total Tk 428.55 crore in the last 43 sugarcane crushing seasons, said sources at the mill.
There are a total of 4,892 sugarcane farmers under the mill and sugarcane was cultivated on 10,000 acres of land in the district this season.