Sugar prices fall after government action

July 24, 2025(MLN): Strong concern has been raised over the artificial hike in sugar prices, with confirmation that a nationwide crackdown is underway against hoarding and market manipulation, said Federal Minister for National Food Security and Research, Rana Tanveer Hussain.

As a result of these actions, sugar prices have dropped significantly from Rs200 per kg to Rs175–180 per kg across various markets, said a press release issued.

During a meeting with representatives of the Pakistan Sugar Mills Association (PSMA) and stakeholders from all provinces, the Minister reviewed the current market situation, pricing trends, and supply chain dynamics.

He warned sugar mills against withholding stocks and directed provincial governments to ensure the timely lifting of sugar and its smooth transportation to markets.

Authorities have also been instructed to act against exploitative middlemen and market intermediaries accused of taking advantage of price volatility.

Legal and administrative steps are being actively pursued to curb unjust profiteering and ensure market stability.

Later in the day, Mr. Hussain chaired a high-level meeting of the Steering Committee on Sugar Imports, where procedural and technical hurdles were addressed.

The Minister reiterated the government’s commitment to protecting consumers and maintaining transparency and accountability in the pricing of essential commodities.

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