Sugar prices in Karachi have fallen significantly in the last week, with wholesale prices falling with Rs 10 to Rs 174 per year. Kg.
Retail prices vary between Rs 180 and RS 185 per year. Kg in town.
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However, the sugar situation in Punjab is more complicated. The province is facing a continuous sugar crisis, triggered by disputes among sugar factories, wholesalers and brokers over the newly nominated official prices.
The federal government has set the price of sugar to Rs 165 per year. Kg for Møller and RS 173 for retail sales, but these prices have not been accepted by sugar dealers who claim that Mills sells sugar to Rs 176 per year. Kg.
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As a result, sugar suppliers in Punjab have suspended deliveries, causing the price to rise to Rs 200 per year. Kg in some areas.
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Dealers have warned that the sugar supply remains stopped unless Møller complies with the official prices set by the government.
