ISLAMABAD: The Ministry of Production has summoned sugar mill owners and major dealers to Islamabad regarding the recent hike in sugar prices during Ramadan 2025.
Sources reveal that mill owners and key dealers have been called to Islamabad tomorrow following the recent surge in sugar prices. The Ministry of Production had previously reached an agreement with the Sugar Mills Association that prices would remain stable in exchange for permission to export sugar. However, after the exports, the price of sugar has soared to Rs170 per kilogram.
Authorities have also compiled a list of market manipulators and are actively identifying those responsible for the price hike.
On March 14, Prime Minister Shehbaz Sharif took notice of the rising sugar prices and ordered a crackdown on hoarding. The directive followed a high-level meeting chaired by the Prime Minister to review sugar prices and the supply situation across Pakistan.
During the meeting, the Prime Minister received detailed briefings on the current consumption, supply, and pricing of sugar. PM Shehbaz issued stern instructions to take action against those responsible for creating artificial shortages and inflating prices.
He emphasized that sugar hoarding and speculative trading aimed at raising prices would not be tolerated. The Prime Minister ordered a full-scale crackdown on sugar hoarding and profiteering, while requesting a comprehensive report on the matter. Additionally, he instructed officials to closely monitor sugar consumption and supply, ensuring transparency and accountability in the process.
