ISLAMABAD: The Commerce Ministry has reportedly decided to oppose export of sugar as any such decision will inflate prices in the domestic markek.
On May 25, 2022, India imposed a ban on export of sugar from June 1, 2022 despite bumper crop.
This is first time in the history of Pakistan when sugar production is documented due to implementation of Track and Trace System introduced by the Federal Board of Revenue and total production is estimated at 8.1 million metric tons.
Now, sugar sales are also being documented under the same system. Each bag from the sugar mill to the market is traceable and documented. Thus, out-of-book production and sale of sugar is now almost out of question.
Sugar consumption pattern will emerge after the whole year of intake by the market which will be complete by the end of October when a new crushing season will commence
8 thoughts on “Ministry To Oppose Sugar For Export”
To the btrams.com webmaster, Thanks for the well-organized and comprehensive post!
To the btrams.com webmaster, Good to see your posts!
Hi btrams.com webmaster, You always provide great resources and references.
Hello btrams.com webmaster, Your posts are always well-structured and logical.
Hi btrams.com owner, You always provide useful tips and best practices.
Hello btrams.com owner, You always provide great examples and real-world applications.
Hi btrams.com webmaster, Thanks for the well-researched post!
Hello btrams.com owner, You always provide great insights.