Officially imported sugar has reached Pakistan. According to the officials of the Ministry of Industry and Production, the ship has reached Pakistan from Egypt carrying 25,000 metric tons of sugar.
Off-loading of sugar is going on at Port Qasim. The second ship of sugar carrying 50,000 metric tons of sugar is arriving in Pakistan on October 30. After transport charges and retailers profit, sugar will be sold at Rs 80 per kg in the open market.
According to officials, the price of sugar at utility stores will remain at Rs 68 per kg, while the average price of total imported sugar in the open market will be Rs 80-83.
According to officials of the Ministry of Industry and Production, the sugar imported by TCP will be supplied to Punjab and utility stores in the next two to three days. Of this, 5,000 metric tonnes will be given to Chinese utility stores and 20,000 tonnes to Punjab.
Monitoring will also be done to make it possible to sell cheap sugar in Punjab.
According to officials, another 25,000 metric tons of sugar will reach Pakistan on November 8. According to officials of the Ministry of Industry and Production, one lakh tonnes of the total imported sugar will be given to the Punjab government.
Initially, 25,000 metric tonnes of imported sugar will be provided to utility stores. A proposal to increase the quota of imported sugar for utility stores to 50,000 metric tonnes is also under consideration.