Sugar prices up as supply suspended
Sugar mills in Sindh and Punjab have stopped the supply of sugar to markets since last Friday.
According to the Chairman of the Wholesale Grocers Association, Rauf Ibrahim, due to the halt in supply from mills over the past four days, only stored sugar is being sold in Karachi. As a result, the wholesale price of sugar has risen from Rs180 to Rs182 per kg, while the retail price has increased from Rs195 to Rs200 per kg against government's fixed price of Rs164 per kg.
He said that due to the government's lack of interest in taking action against sugar mill owners and hoarders, sugar prices are rising. Rauf Ibrahim alleged that sugar mafia is behind this crisis.