Sugar price in Pakistan Today

Sugar is a daily consumed commodity in any society or country. It’s just a carbohydrate that we use in countless foods and products. Pakistan currently has more than 10 sugar mills which play an important role in meeting the sugar production in the country. Sugar prices, however, are set privately and are also controlled by the government.

Millions of tons of sugar are made from sugarcane every year in Pakistan and sometimes exported to other countries. Its increased production eases the country and earns millions of dollars from exported sugar. However, its prices are considered more stable than any other commodity. The main reason for this is its abundance which plays a role in keeping its prices stable. In today’s article we will know about sugar prices and all its important aspects.

Sugar Rate Today

Provinces	Price of sugar 1 kg	Price of sugar 50 kg Bag
Punjab	Rs. 150	Rs. 7,200
Sindh	Rs. 160	Rs. 7,500
Khyber Pakhtunkhwa	Rs. 158	Rs. 7,600
Balochistan	Rs. 165	Rs. 7,800
Gilgit-Baltistan	Rs. 155	Rs. 7,700

The Role of Sugar

Sugar is a sweetener used in countless products, from beverages to baking goods. It is popular for its shape, texture and is used to add flavor to anything. However, sugar has a number of purposes that it is used to achieve, but its primary purpose is to create a flavor profile, which is why its inclusion is considered necessary.

If we mention the items in which sugar is considered as an important weapon, baking items come first. Cakes, cookies or breads all contain a significant amount of sugar, which adds to the flavor of these items. Next come the items that children love, including chocolates, candies, etc., which are given a perfect shape after the addition of sugar.

Effects of Sugar

There is no doubt that sugar is a wonderful sweetener but it must be used with caution as too much of it can affect health. According to doctors, too much sugar can lead to numerous health problems. Therefore, it is important to use products that contain very little sugar. Most importantly, excessive consumption of sugar increases the body and leads to obesity, due to which its effect in the blood increases rapidly.

Important Aspects of Sugar Price Determination

Sugar production: The government fixes the price of sugar according to the production. Before the sugarcane is harvested, the government estimates the annual consumption of sugar and the total production is declared accordingly. In recent years, the domestic consumption of sugar has increased substantially with the increase in population, which has led to an increase in production. In view of this requirement, sugar is stored in excess of the target every year due to which its prices fluctuate between PKR 130 to 160.

Subsidy for sugarcane growers: The Government of Pakistan has introduced special subsidy packages in case of harvesting of any crop in the country, which are provided to farmers before harvesting. The whole process aims to maximize the storage of sugar and bring its direct benefits to the masses. Thanks to this process, it becomes easy to keep the price of sugar stable and the people have to sell it at a reasonable price throughout the year.

Export policies: An increase in production not only benefits domestic buyers, but often sugar exports to other countries increase income. Its purpose is mainly to show that the government has large quantities of sugar available and this also keeps prices stable.

Global trends: The stable price of sugar is also an important aspect of the consumption trend, which makes it easier to gauge the gap between supply and demand. Sometimes the increased demand does not affect its prices and the main reason for this is considered to be the large number of quantities.

Government Efforts: In Pakistan, sugar is also among the commodities that are controlled at the government level. The government takes proactive steps to deal with any situation and action is taken against the suppliers who stop the delivery in any case.

Conclusion

There is no doubt that the price of sugar in Pakistan is necessarily affected when the price of sugar in the world market increases, the increase affects the budget of the domestic consumers. It is easy to keep its prices stable but the increase in taxes and expenses in recent times can also increase its prices.