To address the rising sugar price in Pakistan and bring stability to the market, the government has decided to import 500,000 tons of sugar.
In a bid to stabilize the price of sugar across the country and ensure consistent availability for consumers, the Ministry of National Food Security has taken a decisive step. Officials noted that when sugar stocks are sufficient, the overall price in Pakistan can be better managed, avoiding sharp fluctuations.
According to an official update following ECC approval, the government finalized the decision to import 500,000 tons of refined sugar to stabilize the market. Read full report here.
The ministry also clarified that claims of sugar shortage are inaccurate. Under the current deregulated policy, all agricultural commodities, including sugar, are subject to market-driven forces. The buying, selling, and pricing of sugar now depend on seasonal factors rather than the financial year.
It was further reported that sugar was exported during the last season due to surplus stock, and no subsidies were provided for those exports.
At present, 1 kg sugar price in Pakistan has seen a steep increase — it was Rs. 140 before Ramadan and has now surged to Rs. 180 per kg. Similarly, the 50 kg sugar price in Pakistan has become unaffordable for many wholesalers and retailers.
Brown sugar price in Pakistan has also followed a similar trend, with premium pricing due to rising demand and limited local processing.
Despite government appeals, sugar mill owners have refused to lower prices. In response, the government is preparing strict actions against sugar hoarders and market speculators to curb artificial inflation.
