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Fears of sharp fall in sugar prices in Pakistan

fall in sugar prices in Pakistan
Fears for sharp fall in sugar prices in Pakistan are forecasted. Deals for new crop season 2020/21 start at Rs 7,000 to Rs 7,200 per 100 kg. While now the imported sugar is on the way. Market sources say that the sugar ex-mill rate will be 6,000 per maund. The retail price will be 63 to 65 per kg. With such a drop in sugar prices, the price of sugarcane is expected to destabilize this year. The farmers got very good price for sugarcane last year 2019-20 which started from 150 per maund and ended at 220-240 per maund. The rise in sugarcane price was due to shortage of cultivated crop. This rise is sugarcane price was due to demand of sugarcane by sugar mills. The sugar mills then raised the sugar price in Pakistan which started from 65 per kg at harvest time and has reached now 92/- rupees per kg till today. This attempt to fall in sugar price in Pakistan will be a planning to purchase the sugarcane at lowest prices from farmer. The sugarcane harvesting will start from Nov and the sugar prices in Pakistan will reach to its lowest rate till that time.

Saturday 19th, September 2020

City
Price (Rs) /50kg Up/Down Up/Down Price (Rs) Up/Down Ratio شہر
Chakwal 4000 – 4500 4500 4600 -100 -2% چکوال
D G KHAN 4400 – 4425 4425 4425     ڈیرہ غازی خان
Faisalabad 4580 – 4630 4630 4630     فیصل آباد
Gujranwala 4500 – 4550 4550 4550     گوجرانوالہ
Khanewal 4570 – 4570 4570 4575 -5 -0% خانیوال
Lahore 4450 – 4450 4450 4450     لاہور
Lala Musa 4400 – 4600 4600 4600     لالہ موسیٰ
Mian Channu 4425 – 4425 4425 4425     میاں چنوں
Multan 4550 – 4560 4560 4550 +10 +0% ملتان
Okara 4460 – 4460 4460 4440 +20 +0% اوکاڑہ
Rawalpindi 4650 – 4660 4660 4660     راولپنڈی
Srai Alamgir 4500 – 4700 4700 4700     سرائے عالمگیر
T T Singh 3500 – 3500 3500 0     ٹوبہ ٹیک سنگھ
 

 

Please check the daily sugar prices in Pakistan here,

http://www.agriculture.pk/sugar-rate-in-pakistan-today/

About Naveed Ahmad

Naveed Ahmad is a Software Engineer, a progressive farmer, a blogger, a social media expert, a writer, an anchor and the Chairman of R & D Board of RARI Bahawalpur. Other than the CEO of this website and Agrimandi.pk, he is active on fb at fb.com/AgricultureDotPk and at Youtube channel with Agriculture.pk name.

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