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KARACHI: The price of sugar is again going up in Karachi after witnessing a reduction.
According to President Karachi Grocers’ Association, Abdul Rauf, the ex-mills price of sugar is to Rs105 per kilogramme after an increase of Rs1 on Thursday.
There are reports about sale of sugar at Rs108 in the wholesale market as compared to earlier Rs108.
Earlier on Monday, Prime Minister Imran Khan had ordered the authorities concerned to bring the entire sugar stock for sale in the market, while also warning of strict actions against profiteers and hoarders.
The premier had chaired a price control meeting in Islamabad, wherein it was decided that sugarcane crushing would commence from November 15 across the country, in accordance with strict enforcement of crushing laws.
The forum was informed that though an adequate quantity of the commodity was available in the market, sugar prices were increased due to the closure of sugar mills in Sindh.
