ISLAMABAD: The Punjab Chief Secretary has forwarded a report to the Punjab Interim Chief Minister Mohsin Naqvi regarding the presence of additional reserves of sugar in the province.
As a result of the stockpiling, the price of sugar was increased by Rs56 per kg, resulting in consumers paying Rs25 to Rs30 billion rupees. According to the report, sugar mills in the province have 18,399 tonnes of sugar in stock as of August 1, 2023, while the provincial requirement for the next crushing season is 100,800,000 tonnes.
According to the report, sugar mills in the province have 18,399 tonnes of sugar in stock as of August 1, 2023, while the provincial requirement for the next crushing season is 100,800,000 tonnes.
The sugar mills in the province are storing 18,399 tonnes of sugar.
The provincial requirement for the next crushing season in November 2023 is 100,800,000 tonnes.
According to the report, there is a surplus of 723,499 tonnes of sugar in the sugar mills.
The report states that the sugar mills sold 271,968 tonnes of sugar,less than last year, while they stocked 200,000 tonnes of sugar in warehouses for several weeks.
