📢 ہمارے آفیشل واٹس ایپ چینل کو فالو کریں
Sugar prices across the country have witnessed a significant surge, with rates increasing by Rs10 to Rs15 per kilogram. This sharp rise has raised concerns among consumers and experts alike, as the ex-mill rate now hovers between Rs115 and Rs125 per kilogram.
Factors Behind the Price Hike
Speculators and hoarders have been identified as key players driving this sudden price escalation. Their activities, which gained momentum earlier this week, have disrupted market stability, leading to the current inflationary trend.
- Big Shopkeepers’ Rates: Sugar is being sold at Rs130 to Rs135 per kilogram.
- Small Retailers’ Prices: Smaller shopkeepers are offering sugar at an even higher rate of Rs140 to Rs150 per kilogram, reflecting an increase of Rs20 in some areas.
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Wholesale Market Insights
Dealers in the wholesale market have shared alarming predictions about further price hikes:
- December: Wholesale rates are expected to reach Rs128 per kilogram.
- January: The price may escalate to Rs133 per kilogram.
Additionally, experts warn that futures trading could push prices up by another Rs8 per kilogram in January, exacerbating the burden on consumers.
Consumer Impact and Economic Concerns
The rising sugar prices are straining household budgets and creating challenges for businesses dependent on sugar as a primary input. Many consumers are left questioning the effectiveness of regulatory measures to curb hoarding and speculation.
Call for Immediate Action
Authorities and stakeholders must take swift action to stabilize sugar prices and address the underlying causes of this price surge. Crackdowns on hoarding, enhanced supply chain monitoring, and policy interventions can help mitigate the impact on consumers.