LAHORE - Pakistan Sugar Mills Association has appreciated the open market tender for 50,000 tons of sugar by Trading Corporation of Pakistan. Chairman PSMA Javed Kayani said in order to keep sugar prices within reasonable limits PSMA had forewarned the government in October 2009 to import 1.2 million tons of sugar to meet with anticipated shortages but unfortunately TCP was unable to import the desired quantity. TCP has floated first tender in last two years for which we have been advocating on every forum that in order to control the prices it is imperative to maintain strategic reserves and ensure off-loading of stocks from time to time but due to an imbalance in supply and demand prices could not be controlled.