Sugar mills have stocks of 1.74 million tonnes white sugar, which are sufficient to cater to the domestic requirement as of June 30, 2009 until the start of next crushing season in November, said Pakistan Sugar Mills Association, Punjab Zone Chairman, Javed Kayani. He said keeping in view of the sugar stocks and consumption pattern of the country we can assure that there is hardly any possibility of shortage of the commodity in the current calendar year. Replying to a question, Javed Kayani said cancellation of sugar import tenders by Trading Corporation of Pakistan (TCP) was a step taken in the right direction. As a result of this decision, government has saved huge amount of foreign exchange, as price of the commodity has increased manifold in the international market. He said last year well before start of crushing season 2008-2009, PSMA had proposed to the government that raw sugar may be allowed to be imported to maintain strategic buffer stock and to keep the price of sugarcane and sugar under control.