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sugar mills

Sugar has turned sour

It was in August this year that Competition Commission of Pakistan (CCP) imposed the largest amount of penalty of...
Published 19 Oct, 2021 03:52am
Largest penalty ever of Rs44bn imposed on sugar mills, PSMA
Print

Largest penalty ever of Rs44bn imposed on sugar mills, PSMA

  • The hearings for 80 mills (5 mills chose not to appear or respond) spanned a considerable period, commencing on 7 January 2021 and concluding on 26 May 2021
  • Cartelisation, anti-competitive activities, collectively deciding the quantum of exports among reasons
Updated 14 Aug, 2021 10:59am
Raw sugar prices ease, arabica coffee also down
Markets

Raw sugar prices ease, arabica coffee also down

  • October raw sugar fell by 0.05 cent, or 0.3%, to 17.49 cents per lb.
  • September arabica coffee fell by 1.5 cents, or 0.9%, to $1.5870 per lb.
  • September New York cocoa fell by $2, or 0.1%, to $2,388 a tonne.
Published 30 Jun, 2021 05:13pm