Sugar mill owners in Pakistan have requested permission to export a large surplus stock of sugar. The proposal has drawn attention from policymakers and market watchers.
According to official sources, sugar mill representatives have asked the government to allow the export of 10 lakh tonnes of sugar. The request was shared with the Ministry of Industries and Production for review and approval.
Industry sources claim that exporting surplus sugar could generate more than one billion dollars in foreign exchange. They argue that mills are currently holding excess stock, which is creating financial pressure on the sector.
However, mill owners also warned that delays in approval could increase losses. They said storage costs and surplus supply are affecting business stability. The sugar industry believes exports are necessary to balance inventory levels.
Officials have responded cautiously to the request. They stated that sugar mill owners must first ensure domestic market stability. The government has made it clear that sugar exports will only be approved if local prices remain stable.
Authorities also referred to previous market trends. Last year, approval for exporting 700,000 tonnes of sugar led to a rise in domestic prices. At that time, sugar was reportedly sold between Rs120 and Rs200 per kilogram in different markets.
The government is now focusing on avoiding price fluctuations. Officials want to ensure that any sugar export plan does not impact local consumers. Maintaining stable sugar prices remains a key priority.
In addition, the government recently changed import tax rules. An 18 percent sales tax on imported sugar was reinstated through an official notification. This decision reversed earlier tax relief measures introduced in 2025.
The earlier policy had reduced the sales tax on imported sugar to 0.25 percent. It was designed to improve supply and ensure market availability. The new adjustment applies to sugar imported under government-approved plans.
The Trading Corporation of Pakistan is responsible for importing 500,000 tonnes of sugar under this framework. The policy aims to maintain balance in supply and demand.
In other news read more about Government Restores 18% Sales Tax On Imported Sugar
The debate over sugar exports continues as authorities evaluate both economic benefits and consumer impact. Officials are expected to make a final decision after reviewing stock data and price stability conditions.
