KARACHI: Consumers continued to pay high prices for sugar despite Deputy Prime Minister Ishaq Dar’s firm announcement a few days back that the sweetener prices should not exceed Rs164 per kg.

The average national price of sugar in various cities was hovering between Rs164-180 per kg.

Karachi Wholesalers Grocers Association (KWGA) President Rauf Ibrahim recalled that wholesale rates of sugar plunged to Rs158 per kg in Karachi from Rs168 per kg soon after Prime Minister Shehbaz Sharif on March 15 announced a crackdown on hoarders. However, retailers did not pass on the impact of Rs10 per kg fall and continued cashing in on high demand during Ramazan.

The government has failed to ensure consumers can purchase sugar at Rs130 per kg. No serious crackdown has been launched........

© Dawn Business