Karachi/Lahore/RawalPindi:
Despite repeated government’s crashes, strict warnings and price control, the sugar crisis has been elaborated on major cities, which has left consumers nationwide encryption after the essential sweetener.
From Karachi to Rawalpindi and Lahore, retail prices are Skyrocket as high as RS205 per day. Kg, while shop owners who fear fines and raids have begun to refuse sugar sales to unknown customers.
A worsening of the sugar crisis continues to grab Punjab with prices climbing to as high as RS205 per day. Kg and a serious deficiency reported across major urban centers, including rawalpindi and lahore.
In Rawalpindi and Islamabad, shop owners have stopped selling sugar to walk-in or new customers due to fear of heavy fines, shopping closures and arrests of local authorities.
According to the Kiryana Merchants Association, the state mandated ex-Mill award of RS165 per Kg still not implemented in the open market, where sugar continues to be sold to RS200 per day. Kg.
Meanwhile, retailers complain that they are being caught between increasing wholesale prices and aggressive crashes from the district administration. “We have not yet received sugar for the official Ex-Mill rate at RS165 per kg,” a spokesman for the Kiryana Association said, adding that only 1,800 sugar bags were delivered to dealers in the last week, well below demand.
The district administration reported that over the last 24 hours, 121 store owners were fined for overpriced with sanctions totaling RS350,000. Eight stores were sealed and five shop owners were arrested.
Meanwhile, sugar prices in Lahore and other parts of Punjab have risen far beyond the official rate of RS173 per year. Kg. In many areas, the RS200 and RS205 are now sold now. Kg.
Mill owners, sugar dealers and retailers point fingers at each other over rising prices and hamstring, even when all three seem to benefit, while ordinary consumers are encrypted to find sugar for official rates.
