RAWALPINDI: People wait in queues to purchase sugar from an outlet of the Utility Stores at a weekly bazaar in the Committee Chowk area on Sunday. Online
LAHORE: The sugar price, currently hovering at Rs96 per kilogram, may decline by 10 to 15 per cent in the next two to three weeks if market watchers are to be believed.
“In fact, it should have come down if market dictates are something to go by, but financial might of the millers and their capacity to hold is delaying it,” says a local dealer.
Explaining the context of expectations, the tea leaf readers maintain that sugar factories currently hold 1.58 million tonnes in their stocks. In June, their monthly releases came down to 270,000 tonnes (from 350,000 tonnes in May) as hoarding loses its commercial lure.
Heroin smuggling: Rana Sanaullah to be indicted on March 6
15kg of heroin was recovered from his car in 2019 SAMAA | Shahid Hussain - Posted: Feb 13, 2021 | Last Updated: 2 months ago SAMAA | Shahid Hussain Posted: Feb 13, 2021 | Last Updated: 2 months ago
Photo: Online
An anti-narcotics court in Lahore is expected to indict PML-N MNA Rana Sanaullah in the heroin smuggling case on March 6.
The court has issued notices to all the suspects.
On Saturday, Sanaullah was given the statement of the witnesses in the case. Farhad Shah, who was representing Sanaullah, said that it doesn’t say who recorded the statements and the name of the witnesses.