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Why is sugar so expensive in Pakistan?

Why is sugar so expensive in Pakistan?

Meanwhile, in Lahore, the price of sugar in the wholesale market was ₹126 per kg yesterday and sources said that sugar dealers have increased the price by creating artificial shortage to make illegal profits.

What is sugar rate in Pakistan?

Sugar Monthly Price – Pakistan Rupee per Kilogram

Month Price Change
Nov 2017 34.80 3.14 \%
Dec 2017 34.90 0.29 \%
Jan 2018 34.27 -1.80 \%
Feb 2018 33.17 -3.22 \%

Where does Pakistan import sugar from?

India
In a sign of further thawing of diplomatic ties, Pakistan on Wednesday approved the resumption of cotton and sugar imports from India. Newly-appointed Finance Minister Hammad Azhar announced Pakistan Economic Coordination Committee’s (ECC) decision to import 0.5 million tonnes of white sugar and cotton from India.

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What is the price of sugar in Punjab?

Summary of last one year Sugar price in Punjab

Avg Price: INR/Quintal
Costliest Market Price: INR/Quintal
Cheapest Market Price: INR/Quintal

What is the sugar price today?

Sugar Price Live

Last Price Change Buy
3136 0.00 3025

Is Pakistan importing sugar from India?

Pakistan’s state-owned trading firm TCP on Monday issued a global tender for import of 50,000 tonnes of white sugar but not from ‘banned’ countries like India, a move described by the Indian sugar industry as “bad luck” for the neighbouring country.

Can Pakistan export sugar?

Pakistan Exports of sugars and sugar confectionery was US$110.84 Million during 2020, according to the United Nations COMTRADE database on international trade. Pakistan Exports of sugars and sugar confectionery – data, historical chart and statistics – was last updated on November of 2021.