Pakistan warns sugar mills against delaying crushing season in bid to protect farmers

Federal Minister for National Food Security & Research, Rana Tanveer Hussain (second right), chairing the meeting of the Sugar Advisory Board, in Islamabad, Pakistan, on November 5, 2025. (Government of Pakistan)
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Updated 05 November 2025
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Pakistan warns sugar mills against delaying crushing season in bid to protect farmers

  • Pakistan government announces sugar crushing season to begin from Nov. 15 
  • Delay in sugar crushing causes heavy losses to farmers, affects price and supply

KARACHI: Pakistan’s Food Security Minister Rana Tanveer Hussain on Wednesday warned sugar mills of stern action if they failed to start crushing on time, saying the move would protect farmers from exploitation and ensure sugar availability in markets. 

Farmers in Pakistan face problems whenever sugar mills delay the crushing season. Starting the sugar crushing season late, which usually begins in November, causes heavy losses for growers as their crops lose quality and the sowing of the next crop is also delayed. 

Sugar remains one of the largest consumed food commodities in Pakistan. In Pakistan, high sugar prices have often triggered public outcry and become flashpoints for opposition criticism, with recurring allegations of hoarding and cartelization, especially during election years or periods of economic volatility.

Food Security Minister Rana Tanveer Hussain chaired a meeting of the Sugar Advisory Board in Islamabad, during which it was decided that the crushing season would begin from Nov. 15. The meeting was attended by a delegation of the Pakistan Sugar Mills Association (PSMA), cane commissioners from all provinces and representatives from the ministries of industries and commerce.

“Rana Tanveer Hussain emphasized that strict action will be taken against any sugar mill that fails to start crushing on the prescribed date,” the food ministry said. 

“Payment of dues to the farmers will be ensured before the commencement of crushing,” Hussain was quoted as saying by the ministry. “The government is making all decisions in the best interest of farmers to prevent their exploitation.”

The ministry said that the decision to begin crushing season from Nov. 15 was taken after comprehensive consultations with all provinces and the PSMA to ensure sugarcane growers do not face any difficulties. 

Sugar crisis made headlines in Pakistan in July this year when retailers and suppliers reported that prices of the commodity rose sharply to Rs200 [$0.71] per kilogram in many parts of the country. This happened despite the government’s announcement the same month that it had capped sugar’s retail price at Rs173 [$0.61] per kilogram. 

Experts have blamed weak enforcement of regulations by the government and a lack of transparency for the recurring sugar crisis that hits the country every year. 


Pakistan stocks recover as oil supply fears ease after Islamabad seeks Red Sea route— analyst

Updated 05 March 2026
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Pakistan stocks recover as oil supply fears ease after Islamabad seeks Red Sea route— analyst

  • Pakistan has sought Saudi help to secure oil supplies via Red Sea port after Iran’s closure of Strait if Hormuz
  • Analyst says higher crude oil prices, expectations of IMF releasing next loan tranche also triggered bullish activity

ISLAMABAD: Pakistani stocks marked a sharp recovery when trading closed on Thursday, as institutional activity increased following Islamabad’s move to seek crude oil supplies through the Red Sea port eased oil supply fears, a financial analyst said. 

Pakistani stocks have recorded a sharp decline this week, with the benchmark KSE-100 index recording its largest-ever single-day decline on Monday when it plunged 16,089 points. Escalating conflict in the Middle East triggered panic selling at the Pakistani bourse, forcing a temporary trading halt on Monday. 

The KSE-100 index, however, gained 3.49 percent or 5,433.46 points to close at 161,210.67 when trading ended on Thursday, up from the previous close of 155,777.21 points, according to Pakistan Stock Exchange’s (PSX) data.

Pakistan’s Petroleum Minister Ali Pervaiz Malik met Saudi Ambassador Nawaf bin Said Al-Malki on Wednesday to discuss Iran’s closure of the key Strait of Hormuz, which has threatened Pakistan’s energy supply. Roughly 20 percent of the global oil and gas supply passes through the route. Saudi Arabia indicated it could facilitate shipments through the Red Sea port of Yanbu, offering an alternative route if Gulf shipping lanes remain disrupted, the petroleum ministry said on Wednesday. 

“Stocks staged a sharp recovery at PSX amid institutional activity on easing fuel supply fears after KSA [Kingdom of Saudi Arabia] commits oil supplies through the Red Sea port,” Ahsan Mehanti, chief executive officer at Arif Habib Commodities, told Arab News.

He said higher global crude oil prices and expectations of the International Monetary Fund releasing its next tranche of the $7 billion loan for Pakistan also helped bullish activity at the PSX.

An IMF mission was in Pakistan to hold talks on the third review of a $7 billion Extended Fund Facility multi-year program, and for the second review of the $1.4 billion Resilience and Sustainability Facility this week.

However, the delegation left for Türkiye amid tensions in the Gulf. Pakistani officials have said talks are likely to continue virtually in the coming days. 

Pakistani brokerage Topline Securities said in its daily market review report that strong institutional buying “turned the tide” on Thursday after the market’s recent overreaction to regional issues.

The report added that Hub Power Company (HUBC), Oil & Gas Development Company (OGDC), Fauji Fertilizer Company (FFC), Engro Corporation (ENGROH), and Meezan Bank Limited (MEBL) collectively contributed 2,197 points to the KSE benchmark’s gain.

Topline Securities said 723 million shares were traded on Thursday, with K-Electric Limited (KEL) stealing the spotlight as more than 1.17 billion shares changed hands.

Pakistani investors are closely monitoring developments in the Gulf, particularly around energy routes and further retaliatory actions, as the conflict’s trajectory remains uncertain.