Pakistan: Sugar millers blame middlemen for rising sugar prices

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Lahore: Sugar millers from the country have blamed the middlemen for the rising prices of sugar in the domestic market.

The prices of the sweetener have risen to Rs 100 per kg in some parts of the country and it is expected that the prices would escalate further during the Ramazan when the sugar consumption is at a peak.

The Pakistan Sugar Mills Association (PSMA) has stated that the middlemen are looting both the consumers and the millers.

A spokesperson of the PSMA said, “Middlemen fleeced the millers and farmers by artificially raising the prices of sugarcane by purchasing the standing crop in certain areas and making cash payments to certain farmers, whereas sugar millers were bound by the [Punjab] government to make payments through banking channels and were forbidden to make cash payments.”

“We need the government’s support to take action against the middlemen to ensure that the prices of sugar are in the reach of the consumers,” he said.

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