Tag: Sugar

Agri Forum lashes out at Indian sugar import

LAHORE - Agri Forum Pakistan has opposed the import of Indian sugar and termed it wastage of valuable foreign exchange of the country and great injustice to the growers. This was stated by Forum Central Chairman Ibrahim Moughal at a meeting attended by representatives from sugarcane areas in different parts of Punjab. The meeting was called to review the production, availability and sugarcane prices in different areas.
It was claimed that the crop production was higher than last

Govt fails to rein in sugar prices

LAHORE - The government has failed to rein in sugarcane prices as middlemen have maintained high price levels through manipulation, industry sources told Pakistan Today on Thursday.
There has also been a lack of progress with regards to the decision of federal cabinet which had linked the sugarcane support price to the sucrose recovery level. Farmers have complained that they are forced to sell their crop at relatively lower rates with sugar millers emerging as major

Traders con customers with sullied sugar

LAHORE: Sugar traders and vendors in the city have started plundering customers by mixing substandard sugar with good quality sugar and selling this at higher rates, customers told Pakistan Today on Sunday.
Customers said traders were selling substandard sugar at Rs 90 per kg. The government has fixed imported sugar's price at Rs 72 per kg but its quality and sweetness is far low than the locally produced sugar, which is sold in the market for Rs 90 per kg.
The traders have

High sales, low prices, no sugar

LAHORE: Unexpectedly, high consumer count was witnessed at the Sunday Bazaars of the city and prices of vegetables and fruits decreased but it was yet another Sunday when customers could not get sugar due to its shortage. However, the price of chicken meat increased as compare to last week.
The chicken was sold for Rs 135 per kg thus an increase of Rs 7 per kg was seen. Last week, chicken meat was sold for Rs 128 per kg. The sales of chicken, vegetables and fruits remained

GST imposition to hike sugar price: PSMA

LAHORE: The Chairman of Pakistan Sugar Mills Association (PSMA) Javed Kayani has cautioned the government that levy of reformed GST on sugar would hike ex-mill price by at least Rs 10 per kg.
This would add to the miseries of consumers who are already groaning under inflationary pressures. PSMA has requested the Federal Finance Minister to obviate sugar from the reformed GST imposition in order to allow price stay at a reasonable level. He gave examples of countries where all

Punjab holds Centre responsible for sugar crisis

LAHORE: The Punjab government informed the Lahore High Court on Tuesday that the federal government was responsible for the sugar crisis as it did not import sugar when its shortage started in 2009.
The Punjab government submitted a detailed report in the court of Justice Sheikh Azmat Saeed, taking a plea that there was shortage of 1.1 million metric ton sugar in the country in 2009, out of which the Punjab required 0.75 million metric ton sugar.
The court was hearing a

Who said sugar will be sold for Rs 72 per...

LAHORE: Despite tall claims of Punjab Chief Minister Shahbaz Sharif of selling sugar at Rs 72 per kilogrammes, either sugar is being sold at higher rates or there is no sugar at a large number of shops in the city, Pakistan Today has learnt. Shopkeepers have declined to sell the commodity owing to high price being charged by distributors. They said that in case of not selling sugar at Rs 72 per kilogramme, they were being fined by the district government.
The consumers were

‘Husein Sugar Mills damaging PSMA’s image’

LAHORE: The Pakistan Sugar Mills Association (PSMA) spokesman said that the association has written a letter to a member mill for not showing its actual stocks which was damaging the image of PSMA.
With regards to the recovery of 35,000 bags of sugar through a raid carried out at Husein Sugar Mills ltd, PSMA wrote a letter to Chief Executive of the mill. The letter criticised the said mill for tarnishing the image of association.
Pakistan Sugar Mills Association Chairman in

125,000 tonnes of sugar destined for Punjab

KARACHI: Eight out of 45 sugar mills in Punjab have begun crushing and the rest will commence processing shortly, Punjab Food Minister Chaudhry Abdul Ghafoor stated on Wednesday.
"The remaining sugar mills have ignited their boilers and farmers have started harvesting standing cane crop," he said, while addressing a news conference after reviewing the loading of Punjab's sugar quota from the Trading Corporation of Pakistan (TCP). "At least 25,000 metric tonnes of imported white

LHC seeks report on sugar price surge by November 30

LAHORE: Resentment was expressed on the recent sugar price surge by Justice Azmat Saeed of the Lahore High Court on Monday, who directed the federal and provincial governments to submit a report on the same by November 30, after their failure to do so by November 22.
"Government should reply to these serious matters in days and not in months," Justice Saeed observed, adding that it was the responsibility of the government to keep a check on the prices of commodities. The court

Commodity politics – Shopkeepers accuse PML-N of favouritism in sugar distribution

LAHORE: Shopkeepers and retailers have alleged Pakistan Muslim League-Nawaz (PML-N) workers are distributing sugar to favourites and ignoring the majority of shops, Pakistan Today has learnt on Sunday.
The availability of sugar also disturbed due to closure of Akbari Mandi and no supplies during Eid days. It is not for the first time that PML-N is using commodities for bagging votes, as similar tactics were adopted in sasta ata (cheap flour) distribution at tandoors and to shops,

‘We can’t sell sugar that low’

LAHORE: Sugar price remained high despite surplus availability in the market on Saturday as retailers refused to sell sugar at Rs 72 per kg saying that they could not book loss.
Sugar retailers told Pakistan Today that the government was planning to force retailers to lower prices while it had failed to launch a crackdown against profiteers and black marketers. They said this will disturb the market mechanism and will create a shortage.
They said it was completely illogical

Petition against sugar price hike – Judge says LHC may inspect...

LAHORE: The Lahore High Court (LHC) Justice Sheikh Azmat Saeed on Friday issued notices to the federal and Punjab governments and sought a detailed report until November 22 on a petition challenging the excessive increase in sugar prices across the country.
Due to supply shortage, the commodity was being sold for Rs 130 per kilogramme in the retail market. Justice Saeed observed that the supply shortage was created by the sugar hoarding mafia, which had made money by selling the

Sugar to sell at Rs 72 per kg in Lahore

LAHORE: The City District Government Lahore (CDGL) on Friday fixed the wholesale and retail prices of sugar at Rs 69 and Rs 72 per kilogramme, respectively.
Lahore DCO Ahad Khan Cheema issued a notification warning violators of stern measures, including three years imprisonment. The DCO said the district government had formed special monitoring teams headed by magistrates to ensure that dealers and retailers sold sugar at the prescribed prices.
Talking to Pakistan Today,

LHC to hear petition against sugar prices today

LAHORE: Lahore High Court (LHC) Justice Sheikh Azmat Saeed will today (Friday) take up a petition challenging the unprecedented increase in sugar prices and the government's failure to form any regularity authority to check the sugar cartels and hoarders.
The LHC had earlier returned the petition stating that certified copies were not attached with the petition, after which the petitioner re-filed it along with all certified copies on Thursday. Petitioner's counsel Azhar Siddique

Sindh’s cane growers reluctant to sell crop to sugar mills

KARACHI: Growers are reluctant to sell sugarcane to the sugar mills at the government's notified rate of Rs 127 per maund as they await an increase in cane prices in wake of an unprecedented hike in sugar rates.
Only four sugar mills - Sakrand Sugar Mill, Habib Sugar Mill, Al-Noor Sugar Mill and Matiyari Suar Mill - in Sindh have so far started the crushing season while others are in the process of igniting the boilers, Pakistan Today has learnt.
In addition, growers also

Gilani asks provinces to take action against sugar hoarders

ISLAMABAD: Prime Minister Yousaf Raza Gilani on Thursday asked the provincial governments to take stern action against sugar hoarders, warning of the federal government's intervention in case they failed.
Talking to reporters, Gilani said, "Interior Minister Rehman Malik has been asked to wait and let the provinces manage the issue."
He said, "There was no shortage of sugar in the country as one-month surplus stocks were available. The total requirement of the country was