External broker reports(aggregated public sources), Topline Securities

Topline Securities

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External broker reports(aggregated public sources)

Macroeconomics

<ul><li>Wheat prices in Pakistan have surged to a 19-week high of Rs710/10kg which translates into Rs.2,839/40kg, while some local market sources quote prices at ~Rs.3,000-3,050/40kg. This sharp recovery is expected to serve as a strong incentive for farmers ahead of the next sowing season.</li><li>Recently, sugar prices also skyrocketed from Rs.138–140/kg in Jan-2025 to ~Rs.180/kg as per last week PBS data—well above the government’s fixed ex-mill price of Rs.165/kg.</li><li>The combined effect of rising wheat and sugar prices is expected to help farmer incomes in the next crop cycle. Improved profitability should restore confidence, improve income, and provide a much-needed uplift for the rural economy of Pakistan.</li></ul>

Wheat prices in Pakistan have surged to a 19-week high of Rs710/10kg which translates into Rs.2,839/40kg, while some local market sources quote prices at ~Rs.3,000-3,050/40kg. This sharp recovery is expected to serve as a strong incentive for farmers ahead of the next sowing season.Recently, sugar prices also skyrocketed from Rs.138–140/kg in Jan-2025 to ~Rs.180/kg as per last week PBS data—well above the government’s fixed ex-mill price of Rs.165/kg.The combined effect of rising wheat and sugar prices is expected to help farmer incomes in the next crop cycle. Improved profitability should restore confidence, improve income, and provide a much-needed uplift for the rural economy of Pakistan.

Pakistan Economy - Rising Wheat And Sugar Prices; Initial Data Points Suggest Optimism For Rural Economy