Federal Minister for Industry and Production Rana Tanveer Hussain on Monday said that amid surplus sugar stock, its prices in the country will be kept stable. This was stated by him while chairing a meeting of the Sugary Advisory Board (SAB) held to review the availability of the commodity stock and its price. Minister for Commerce Jam Kamal Khan and others attended the meeting. The government reaffirmed its benchmark condition for the retail price of sugar for export, ensuring a stable market price. According to reports, the average retail price of sugar has decreased by Rs 2 per kilogram, and the market price remained steady. Rana Tanveer Hussain said there was a surplus stock of sugar in the country, and any price increase would be unacceptable. The government’s commitment to maintaining stable sugar prices aims to protect consumers’ interests and prevent price hikes.

Credit: Independent News Pakistan