Mills get ‘conditional permission’ to export 150,000 MT sugar

The federal government has given conditional permission to sugar mills to export 150,000 metric tonnes of sugar in order to maintain sufficient local stocks and price stability. This decision was made during a meeting of the Sugar Advisory Board chaired by Federal Minister for Industries and Production Rana Tanveer Hussain. The meeting included stakeholders such as the Pakistan Sugar Mills Associations and government representatives to discuss sugar stock availability, market prices, and industry production costs. The government and PSMA have agreed to ensure smooth supply and stable prices of sugar in the local market. The federal minister also stated that ex-mills sugar prices will not increase and pending payments to farmers will be cleared promptly. The SAB will continue to monitor sugar prices and market stability in the future to determine any further exports based on price stability and stock availability.


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