In Karachi, sugar prices started to come down, available at Rs 172

In Karachi, sugar costs began to come back down, out there at Rs 172

Pakistan By Sep 07, 2023 No Comments

With the entry of the navy commander into the sector, the development of lowering the costs of sugar was created, the wholesaler Picture: File

Karachi: The value of sugar has began to lower in Karachi. On Wednesday, the worth of sugar per 50 kg in Karachi’s wholesale market Jodia Bazar decreased from Rs 8750 to Rs 8600.

From which the worth of sugar per kg is being lowered by Rs 3 to Rs 172 whereas the ex-mill value of sugar together with transport value is being lowered to Rs 170, however the attention-grabbing factor is that on the retail stage sugar is Rs 180 to 190 per kg. is being offered, which can also be prone to lower in value.

Shafqat Mehmood, a sugar wholesaler in Jodia Bazar, stated that the inflation management measures of the military chief and coming to the sector to enhance the economic system have led to a lower within the costs of sugar.

He stated that because of the improve in sugar costs each day for the previous few weeks, there was a transparent lower in its gross sales, so these components are additionally the explanation for the lower in sugar costs. It’s price mentioning right here that a number of months in the past. The value of sugar offered at Rs 90 to Rs 100 per kg has doubled.

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