Sugar supply, demand discussed in advisory board meeting

News Image

MG News | February 07, 2025 at 09:19 PM GMT+05:00

0:00

February 07, 2025 (MLN): To assess the country's sugar production and demand, Minister for Industries and Production Rana Tanveer Hussain chaired a meeting of the Sugar Advisory Board.

The minister emphasized the need for a joint policy between federal and provincial governments to ensure stable sugar prices and availability and all stakeholders would be taken on board in this regard.

The meeting was attended by Chairman Federal Board of Revenue (FBR) Rashid Mahmood Langrial and other senior officials, said a news release.

It was decided to convene another meeting on Monday to finalize prices for Ramazan, ensuring that sugar prices remain stable during the holy month, as APP reported.

The government will take concrete measures to maintain sugar prices at a reasonable level in collaboration with the provinces and effective strategies will be adopted to prevent artificial shortages or price hikes. 

The minister assured that all necessary steps will be taken to eliminate artificial shortages and price hikes, and action will be taken against those involved in unjustified price increases.

The government has ensured that sugar is available in the market at a reasonable price, and the public will not face any difficulties.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 156,379.43
262.00M
0.13%
198.49
ALLSHR 95,802.22
994.22M
0.12%
111.39
KSE30 47,759.49
160.23M
0.09%
45.09
KMI30 230,493.97
114.97M
0.34%
771.88
KMIALLSHR 64,454.44
387.85M
0.05%
34.37
BKTi 42,014.63
86.46M
0.11%
45.11
OGTi 31,739.46
10.42M
-0.79%
-252.30
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 117,605.00 117,685.00
116,465.00
515.00
0.44%
BRENT CRUDE 68.27 68.59
68.23
-0.20
-0.29%
RICHARDS BAY COAL MONTHLY 84.00 0.00
0.00
-0.40
-0.47%
ROTTERDAM COAL MONTHLY 93.35 0.00
0.00
0.00
0.00%
USD RBD PALM OLEIN 1,106.50 1,106.50
1,106.50
0.00
0.00%
CRUDE OIL - WTI 64.34 64.67
64.31
-0.18
-0.28%
SUGAR #11 WORLD 16.56 16.57
16.52
0.00
0.00%

Chart of the Day


Latest News
September 17, 2025 at 12:07 PM GMT+05:00

PM begins state visit to Saudi Arabia


September 17, 2025 at 11:51 AM GMT+05:00

Big industry output grows 9% YoY in July


September 17, 2025 at 11:20 AM GMT+05:00

PACRA maintains Nimir Chemicals' ratings


September 17, 2025 at 10:36 AM GMT+05:00

TOMCL secures $7.5m export orders for China



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg