Sugar prices decline 25pc YoY: PSMA North Zone

Sugar prices have fallen by as much as 25 percent over the past year, according to Pakistan Sugar Mills Association North Zone, citing Pakistan Bureau of Statistics weekly data. The association says the sector has accumulated losses of Rs98 billion, while a surplus stock of 1.3MMT has added to pressure on mills.

PSMA North Zone says 12 mills have already closed and warns that financial strain could disrupt the start of the 2026-27 crushing season, expected to begin in about a month. It has urged the federal government to allow exports of a further 0.8MMT, alongside 0.2MMT already approved, and to deregulate the sector; the association also cited expected production of approximately 8.50MMT in the coming season.