ISLAMABAD (PEN) : The Utility Stores Corporation (USC) has announced a significant reduction in sugar prices, slashing the cost by Rs13 per kilogram. The new price at USC outlets is now Rs140 per kg, effective immediately, providing much-needed relief to consumers in the face of rising living costs.
This price cut follows successful negotiations with sugar mills, which agreed to reduce their selling price to the USC by Rs17 per kg. Prior to the reduction, sugar was priced at Rs153 per kg, meaning this drop represents a welcome break for families struggling with inflation.
To make this price reduction possible, the USC secured a procurement deal for 12,000 metric tonnes of sugar at a negotiated rate of Rs137 per kg from sugar mills. While this price is lower than the previous wholesale rate, the USC’s total cost to bring sugar to the shelves—including expenses for storage, transportation, and administration—averaged Rs152 per kg. The USC’s efforts to work with sugar mill owners for rebates help ensure that sugar remains more affordable for consumers, while minimizing the risk of financial losses for the organization.
In a time when prices for essential goods continue to rise, this step by the USC reflects a genuine effort to ease the burden on households across the country, providing a small but significant relief amidst the broader economic challenges.
