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Sugar prices decline 25pc YoY: PSMA North Zone
LAHORE: Pakistan Sugar Mills Association (PSMA) North Zone, citing weekly data from the Pakistan Bureau of Statistics, has stated that sugar prices have declined by up to 25 percent over the past year. The sugar sector continues to face financial crunch, exacerbated by delays in policy decisions by the government. During this period, the sugar industry has incurred losses amounting to 98 billion rupees. In a statement on Sunday a PSMA-NZ spokesman said since closure of Crushing Season 2025-26, PSMA has time and again indicated availability of huge surplus of 1.3MMT in the country but repeated ...
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