Sugar Prices Surge to Rs190/kg, Import Set

Sugar Prices Surge to Rs190/kg, Import Set

| 05-Jul-2025

Islamabad, July 05, 2025, 02:50 PM PKT — The government has admitted a sharp surge in sugar prices to nearly Rs190 per kilogram across most cities, with peaks at Rs196 per kilogram, triggering a decision to import 500,000 metric tons to tackle the shortfall, per media reports following a National Price Monitoring Committee (NPMC) meeting chaired by Federal Minister for Planning Ahsan Iqbal. The price hike, a 40% jump from Rs140 per kilogram, stems from exporting 765,000 metric tons based on claimed surplus stocks, while domestic production plummeted to 5.8 million tons from 6.8 million tons, per the Ministry of Planning, Development, and Special Initiatives.

The NPMC reviewed inflation trends, noting a FY 2024-25 rate of 4.5%, down from 23.4% last year, with urban food inflation at 4.2% versus 6.2%, though supply chain disruptions from Sindh road closures fuel localized price swings. Minister Iqbal criticized provincial underuse of the Price Scorecard system, with Khyber Pakhtunkhwa leading engagement, ordering monthly login reports and price comparisons by deputy commissioners. The Competition Commission of Pakistan (CCP) was tasked with fair profit margin assessments for food trade, but implementation lags, and collective pricing contradicts its mandate.

Web context reveals export-driven price spikes (e.g., Rs190-196/kg reported widely), while posts found on X show outrage—some blame export policy, others question import efficacy. Critically, the narrative of “market stabilization” may mask policy inconsistency—web data points to millers’ gains, and X sentiment suggests distrust in government competence, hinting at deeper systemic issues.

About Us

This website has been developed with good faith to create facilities for the people.Your ID Password and access to our website is for a specific period or temporary, it may be suspended at any time without telling any reason.Your ID Password or access does not create any your rights or liability onto owner of the website.

Contact

Office # 3-6, Ground Floor Idrees Chamber ,Talpur Road Karachi

info@taxhelplines.com.pk

+ 92 314-4062161

021-32462161

+ 92 305-2561915

© 2023 Copyright: Taxhelplines.com.pk