In a shocking turn of events, sugar prices in Balochistan have surged to an all-time high, hitting Rs 220 per kilogram in retail markets. This substantial increase, with a sudden Rs 20 per kg jump from the previous Rs 200 price point, has sent shockwaves through the region.
Market sources reveal that the wholesale price of sugar in the province has reached Rs 210 per kg, and a 50-kg sack is now commanding a staggering Rs 10,500. This price escalation has left both consumers and businesses grappling with the unexpected financial burden.
The primary factor contributing to this sudden surge in sugar prices is the disruption in supply chains. The suspension of permits on national highways has led to vehicles being stranded, severely hindering the transportation of essential commodities, including sugar.
This unfortunate turn of events has exacerbated the woes of the local populace, who are already grappling with the impact of rising inflation. Balochistan’s residents are now facing the challenge of managing their household budgets amid these escalating prices.
However, the Ministry of Commerce and Industries has moved to address concerns about a potential sugar shortage in Pakistan. Contrary to earlier reports suggesting sugar imports from Brazil, official sources within the ministry have affirmed that Pakistan boasts a substantial sugar stockpile, exceeding 2 million metric tons. This supply is deemed sufficient to meet the country’s sugar demands through December, mitigating the need for immediate imports.
In light of this reassurance, the focus now turns to stabilizing sugar prices in Balochistan and ensuring that the disruption in supply chains is swiftly resolved. The authorities are expected to take decisive measures to alleviate the financial strain on the local population and maintain a steady sugar market in the region.
