USC to purchase 10,000 metric ton sugar

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The Utility Store Corporation (USC) has decided to purchase 10,000 metric ton sugar from sugar mills in order to pave the ways for increasing the plunging sale of sugar.

According to documents obtained by Online, Madina and Indus sugar mills have expressed their willingness for the sale of sugar on comparatively lower rates against the tenders announced by the USC. The USC will purchase sugar at the cost of 52.90 per kg and be sold up to Rs 60/kg.