ISLAMABAD: Pakistan’s sugar industry has asked the government on Wednesday to authorise export of surplus stocks from the current crushing season, saying the move could generate up to $500 million in foreign exchange.
The Pakistan Sugar Mills Association (PSMA) on Wednesday urged the government to immediately allow exports of surplus sugar from the ongoing 2025-26 crushing season and ease mounting financial pressure on the industry.
A spokesperson said Pakistan is facing a significant sugar surplus, with total availability estimated at about 7.96 million metric tons after combining carryover stocks, current production, and expected beet sugar output. Against projected annual consumption of around 6.64 million tons, the country is left with an excess of roughly 1.32 million tons. Even after maintaining strategic reserves, a surplus of 767,000 tons remains available for export.
