Pakistan Mercantile Exchange to launch Deliverable Sugar Futures

Pakistan Mercantile Exchange (PMEX) is set to launch Deliverable Sugar Futures after receiving regulatory approval from the Securities and Exchange Commission of Pakistan (SECP), marking a significant step toward improving transparency and efficiency in the country’s sugar trade.

As the country’s only licensed multi-commodity futures exchange, PMEX aims to introduce greater regulation and price stability to one of Pakistan’s largest agro-based sectors, long plagued by unregulated pricing, hoarding, and supply chain inefficiencies.

With trading in Deliverable Sugar Futures, market participants will gain access to a national platform that facilitates transparent price discovery, effective risk management, streamlined trading, and better documentation.

In the lead-up to the launch, PMEX organized a series of roadshows in key sugar trading hubs, including Sargodha and Lahore. These events drew participation from sugar millers, brokers, dealers, traders, and bulk buyers. Attendees received orientation on the contract specifications, live trading demonstrations, and guidance on account setup and mock trading processes.

“Sugar is one of Pakistan’s most traded commodities, yet it lacks structure and transparency,” said PMEX CEO Khurram Zafar. “With Sugar Futures, PMEX is turning the tide—ushering in transparency, price stability, and a future where fair trade leads the way.”

The launch of Deliverable Sugar Futures is expected to formalize a large segment of Pakistan’s sugar market and empower stakeholders with tools to hedge risk and plan more effectively in a historically volatile industry.