Pakistan : Sugar prices fall by Rs10 in Karachi
Sugar prices in Karachi fell by Rs 10 to Rs 174 per kilogram in wholesale markets, with retail rates between Rs 180–185. In contrast, Punjab faces a sugar crisis due to disputes over government-fixed rates. With mills selling above official prices, suppliers have suspended deliveries, pushing prices to Rs 200 in some areas and disrupting supply.
Sugar prices in Karachi have dropped significantly in the past week, with wholesale rates falling by Rs 10 to Rs 174 per kilogram.
Retail prices range between Rs 180 and Rs 185 per kilogram in the city.
However, the sugar situation in Punjab is more complicated. The province is facing an ongoing sugar crisis, triggered by disputes among sugar mills, wholesalers, and brokers over the newly set official prices.
The federal government has set the price of sugar at Rs 165 per kilogram for mills and Rs 173 for retail sales, but these prices have not been accepted by sugar dealers, who claim that mills are selling sugar at Rs 176 per kilogram.
As a result, sugar suppliers in Punjab have suspended deliveries, causing the price to rise to Rs 200 per kilogram in some areas.
Dealers have warned that the sugar supply will remain halted unless mills comply with the official prices set by the government.
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Source : The Express Tribune
