Sugar has been under the spotlight since last October. And with prices seen firming further in the next few years amid short supply, rising cost of farming inputs and growing use of sugarcane for biofuels purposes, it will remain under focusas the centre of attention, possibly inviting public anger. causing pubic furor as well..
The governments plan to import sugar next month creates a win-win situation for sugar millers. Puzzled? Here is how the business model of millers looked like at the start of this year.
Nobody seems to have told the Federal Bureau of Statistics that sugar is getting pricier by the day. It appears, in fact, they have been duped by statistics that are inaccurate beyond proportions
Given a choice to consume either sugar or wheat for a certain time period, most would prefer the latter, being a staple diet fairly easy to process and store. The worrisome fact, however, is that both commodities could be scarce next year.
Seventy percent of Pakistanis think the recent sugar crisis is artificial and hatched out of a conspiracy, according to a latest poll released by Gallup Pakistan on Thursday. And it seems their belief holds some truth, if not true in the absolute sense.
Seventy percent of Pakistanis think the recent sugar crisis is artificial and hatched out of a conspiracy, according to a latest poll released by Gallup Pakistan on Thursday. And it seems their belief holds some truth, if not true in the absolute sense.
Finance Minister Shaukat Tarins statement on making strategic reserves rather than raiding hoarders as a solution to control the sugar hoarding dilemma may be good in intentions but is not the right answer to the problem.
