Sugar price increase in Punjab, wholesale price increased to Rs100 per kg


Wholesale sugar prices have reached almost 100 rupees per kilogram. Sugar factories are blamed for the recent increase.

The Wholesale Association said the price of sugar per kilogram had increased by 4 rupees, with a 100-kilogram pack sold out on the wholesale market for 9,800 rupees.

The retail price for sugar is now Rs 105 to Rs 110 per kilogram.

The grocery wholesalers have used state aid to ensure supplies to the sugar factories at the prices set by the authorities.

“Why are we asked about sugar price increases?” They said, demanding that answers be sought from sugar factories that sell the product at higher prices.

The wholesalers also urged the government to allow private companies to import sugar.

In April 2021, Prime Minister Home Affairs and Accountability Advisor Mirza Shahzad Akbar claimed that the Punjab government was subsidizing 15 rupees per kilogram of sugar.

Speaking to the media, Shahzad Akbar said that from tomorrow sugar will be sold across the province for Rs 85 per kilogram. He said the government would set the price according to a court order.

The adviser said the government will ensure that the main raw material is sold at the official price of Rs 85 per kilogram across the province.

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