CommoditiesQuick read

Sweetener's import raises eyebrows

The Express Tribune • • 1 min read

Sweetener's import raises eyebrows

The Express Tribune reported that the government will allow sugar exports to clear imported stock that has gone unsold, a step that has prompted doubts over how supply, stock levels and local use are tracked. Those doubts extend to the Sugar Advisory Board and the food ministry, which oversee sugar inventories nationally.

Output in the 2024-25 crushing season fell 15% due to heat waves, crop diseases and other factors, pushing sugar prices up domestically. To stabilise prices, the cabinet approved imports of up to 500,000 metric tons in June 2025 on the Economic Coordination Committee's recommendation, but only 300,000 tons were brought in. The Trading Corporation of Pakistan (TCP) handled that volume, and officials later found the imports could not be consumed.

Briefing the cabinet, the deputy prime minister said about 192,000 tons had been sold domestically, while roughly 108,000 tons remained with TCP and needed urgent disposal as its shelf life approached. Prime Minister Shehbaz Sharif said the export was being handled transparently to avoid losses, and he criticised what he called fallacious media reports. The deputy PM added that higher international prices could help recoup the landed and carrying expenses of the imported stock.

At a glance

  • Government allowed sugar exports to dispose of about 108,000 tons held by TCP as its shelf life approaches.
  • About 192,000 tons of the 300,000 imported were sold domestically.
  • Sugarcane output fell 15% in 2024-25 due to heat waves and crop diseases, lifting domestic prices.
Sectors:Sugar & Allied Industries

Originally reported by The Express Tribune

This page is Investify's own summary. The full report, with all details and context, is on the publisher's site.

Read the full story

Want the full article here?

Log in to read the full article in the Investify reader, in English or Urdu.

Investify summarizes Pakistan Stock Exchange news in its own words and links each story to its original publisher. We always credit the source so you can read the full report and verify the details before making financial decisions.

Built for PSX investors

Business news.Every filing, summarised.

Top stories from Pakistan's business press and key findings from every PSX announcement.

Investify announcement summary with key findings from a PSX filing
Investify app home screen with Pakistan business news and PSX filings