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sugar mills

Sugar has turned sour
Opinion

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