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    <title>Aaj TV English News - Business &amp; Economy</title>
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    <language>en-Us</language>
    <copyright>Copyright 2026</copyright>
    <pubDate>Wed, 22 Apr 2026 06:42:20 +0500</pubDate>
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      <title>Utility Stores unable to procure sugar due to sky-high prices</title>
      <link>https://english.aaj.tv/news/30334350/utility-stores-unable-to-procure-sugar-due-to-sky-high-prices</link>
      <description>&lt;p&gt;&lt;strong&gt;Utility Stores Corporation of Pakistan was forced to cancel a tender after being unable to procure sugar at high prices.&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;As sugar prices continue to soar to record highs across the country, even the state-subsidised Utility Stores are facing difficulties in buying sugar to be able to sell it.&lt;/p&gt;
&lt;p&gt;The lowest bid received by the Utility Stores was set at Rs157 per kilogram, Rs27 per kg above what it was hoping for. The bidding was made by a sugar mill offering to provide 5,000 metric tonnes.&lt;/p&gt;
&lt;p&gt;With the stores own expenses added, the price that the consumer would have to pay would have reached Rs170 per kg.&lt;/p&gt;
&lt;p&gt;The corporation last procured sugar at Rs130 per kilogram. Sources said that a new tender will be issued soon.&lt;/p&gt;
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      <content:encoded xmlns="http://purl.org/rss/1.0/modules/content/"><![CDATA[<p><strong>Utility Stores Corporation of Pakistan was forced to cancel a tender after being unable to procure sugar at high prices.</strong></p>
<p>As sugar prices continue to soar to record highs across the country, even the state-subsidised Utility Stores are facing difficulties in buying sugar to be able to sell it.</p>
<p>The lowest bid received by the Utility Stores was set at Rs157 per kilogram, Rs27 per kg above what it was hoping for. The bidding was made by a sugar mill offering to provide 5,000 metric tonnes.</p>
<p>With the stores own expenses added, the price that the consumer would have to pay would have reached Rs170 per kg.</p>
<p>The corporation last procured sugar at Rs130 per kilogram. Sources said that a new tender will be issued soon.</p>
]]></content:encoded>
      <category>Business &amp; Economy</category>
      <guid>https://english.aaj.tv/news/30334350</guid>
      <pubDate>Wed, 20 Sep 2023 15:47:34 +0500</pubDate>
      <author>none@none.com (Yasir Nazar)</author>
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