Pakistan : Imported sugar stuck at Karachi Port, prices soar in Lahore
Sugar prices in Lahore have surged as a dispute between the Federal Board of Revenue (FBR) and sugar millers delays the transport of 350,000 tons of imported sugar from Karachi Port. The supply disruption has caused price fluctuations, with consumers preferring locally produced coarse sugar, while imported fine-textured sugar remains scarce.
A dispute between the Federal Board of Revenue (FBR) and sugar millers has delayed the transportation of around 350,000 tons of imported sugar from Karachi Port to Lahore.
The disruption in supply has led to noticeable fluctuations in sugar prices across the provincial capital.
Shopkeepers said that most consumers prefer locally produced sugar, noting that the imported variety is too fine in texture.
The government had imported sugar from Thailand and other countries to stabilize domestic prices amid production shortfalls.
The shopkeeper further said that there is a demand for coarse sugar, but it is not available in the market.
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Source : Such Tv
