KARACHI: The retail price of sugar has surged to Rs170 per kg in Karachi, Lahore, and Islamabad due to a rise in wholesale rates amid strong demand in Ramazan. Retailers in Karachi feared that the price may hit Rs200 if a bullish trend persists in the wholesale market. However, wholesalers blame millers for increasing the rates.

In a week, the wholesale rate swelled by Rs15 to Rs155 per kg in Karachi.

Earlier in February, the average national price of sugar was........

© Dawn Business