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Traders and industry reject SBP s interest rate hike - Newspaper

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Weak rupee, costly freight make finished goods more expensive - Newspaper

Weak rupee, costly freight make finished goods more expensive - Newspaper
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Sugar sells at Rs110 despite imports, rising local output - Newspaper

Sugar production in November 2020 stood at 458,435 tonnes after the start of sugarcane crushing which further swelled to 1.423m tonnes during December 2020. File KARACHI: Sugar is being retailed at Rs105-110 per kg in Karachi against Rs95-100 last week, while consumers in Lahore are paying Rs93-100 against Rs85-90 per kg. Similarly, in Quetta the sweetener is available at Rs105-106 per kg as compared to Rs95-97 last week. Karachi Retail Grocers Group (KRGG) General Secretary Farid Qureishi said the wholesale rate of sugar is Rs97 per kg. But Karachi Wholesalers Gro­cers Association (KWGA) Anis Majeed said the wholesale rate is Rs94 per kg and retailers are minting money by charging Rs105-110 per kg.

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