Ramazan still weeks away, sugar price on hike

KARACHI: Sugar price in the city market has started shooting up, as the record shows a surge by Rs5 per kilo in retail price during the past one month.

Market sources told that sugar price hike in the city retail market was spurred by the rise in wholesale price, which by now has pushed it up to Rs70 per kilo.

Sugar price during the last two days only soaring Rs1.50 per kilo being sold at Rs68.50 in the city, while in Sindh ex-mill sugar price has swelled to Rs68 per kilo.

Sources said that the holy month of Ramzan is still several weeks away, but the vested interests maneuvering the supplies and the government’s apathy towards the people’s problems seem quite evident.