Sugar prices in Balochistan’s retail markets have surged to Rs220 per kg, a sudden increase of Rs20 per kg, considering previously available at Rs200.
The wholesale price for sugar in the province stands at Rs210 per kg. Market insiders have highlighted that a 50-kg sack of the sweetener now costs a whopping Rs10,500. The significant jump in prices can be attributed to disruptions in sugar supply. Dealers have pointed out that the halt in sugar transportation has resulted from vehicles being stranded on national highways, a consequence of suspended permits.
This unforeseen escalation in sugar prices is exacerbating the financial burden on the residents of Balochistan, who are already grappling with the pressures of inflation.
Official Statements on Sugar Availability
Contrary to the present circumstances, earlier reports from the Ministry of Commerce and Industries had dismissed any potential sugar shortages in Pakistan. They responded to claims suggesting Pakistan might look to Brazil for sugar imports. Officials within the ministry have assured that Pakistan possesses an ample sugar reserve exceeding 2 million metric tons. This stockpile, they believe, is adequate to meet the nation’s demands until the end of the year.