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Federal Govt issues another tender for sugar import

Federal Govt issues another tender for sugar import

ISLAMABAD: The federal government has issued another tender for the import of sugar amid rising domestic prices.

According to the Trading Corporation of Pakistan (TCP), the tender is for the import of 100,000 metric tons of sugar and is scheduled to be opened on August 11.

This move comes just days after the government placed an order to import 200,000 metric tons of sugar in response to surging prices in the local market.

On the other hand, sugar is not available at government rates in different cities and sugar is missing from Lahore shops, while shopkeepers have also raised prices and sugar prices.

After a decrease of Rs 7 per kg in Quetta, sugar has come to Rs 178 per kg, which was being sold at Rs 185 per kg yesterday while the district administration has fixed the official price of sugar at 177 per kg.

Despite the government setting the official sugar price at Rs173 per kilogram, the sweetener remains unavailable at this rate across the country.

Citizens are being forced to purchase sugar at significantly higher prices, ranging from Rs180 to Rs195 per kilogram in several cities due to a shortage in supply.

In various parts of Karachi, sugar is being sold at Rs190 per kilogram in retail markets.

In Lahore, sugar has virtually disappeared from local markets. Although shops continue to display the government-fixed price of Rs173 per kg, the commodity is not available on shelves.

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