Motorcyclists queue for fuel at a petrol pump in Karachi after the government announced that prices of petroleum products would now be revised on a daily basis. The move has drawn sharp criticism from business leaders who warn it could deepen the crisis for the country's struggling manufacturing and export sectors. Main Developments SITE Association of Industry President Abdul Rehman Fudda has urged Prime Minister Shehbaz Sharif to immediately review and withdraw the daily pricing policy. He argued that the manufacturing sector is already under immense pressure from high electricity and gas tariffs, excessive taxation, and steadily rising production costs. Export-oriented manufacturers are particularly vulnerable, Fudda said, because export contracts are typically finalized several months before delivery. Continuous fluctuations in fuel prices during the production cycle would increase manufacturing and logistics costs, making Pakistani exporters less competitive internationally. Read also: Trump Demands Damages from Canada Over Wildfire Smoke in Latest Tariff Threat Background The daily fuel pricing mechanism was proposed amid praise from oil industry stakeholders, including the Oil Companies Advisory Council (OCAC), which said it would enhance market transparency and improve supply chain predictability. Petroleum Minister Ali Pervaiz Malik recently met a delegation from the Pakistan Petroleum Dealers Association (PPDA) to discuss pricing reforms, deregulation, and dealer concerns. The PPDA delegation appreciated the government's management of fuel supplies during the challenges arising from the Strait of Hormuz crisis. However, the Salt Manufacturers Association of Pakistan's founder chairman, Ismail Suttar, suggested a weekly pricing mechanism as a compromise. Why It Matters Local manufacturers cannot revise product prices on a daily basis to absorb rising input costs, Fudda warned, meaning the policy could erode profit margins and destabilize long-term planning. With industries already struggling under high energy costs and policy uncertainty, the daily pricing system threatens to create a fresh crisis for exports—a sector vital to Pakistan's economic recovery. What's Next Business leaders are calling on the government to retain monthly petroleum price revisions to provide a predictable operating environment. The prime minister's response to Fudda's urgent appeal remains unknown, and no timeline has been set for a decision on whether to implement, modify, or withdraw the daily pricing policy.