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Pakistan Sugar Mills able to export 500 MMT

Sugar Export News

Pakistan Sugar Mills able to export 500 MMT

The government has granted permission to the Pakistan Sugar Mills Association to export half a million tonnes of sugar. The export would bring in $250 million and the government has stated that the domestic prices be affected due to sugar exports.

The government has granted permission to the Pakistan Sugar Mills Association (PSMA) to export half a million tonnes of sugar. The export would bring in $250 million and the government has stated that the domestic prices be affected due to sugar exports. The sugar millers have welcomed the governmental decision. Sugar mills started harvesting cane after the government agreed to allow them to export sugar.

According to the USDA Foreign Ag Service Pakistan is the world’s 7th largest sugar producer and 8th largest consumer.

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