Sugar prices hit record highs as a result of crackdown on sugar mills. The government’s crackdown on sugar mill owners has resulted in the supply of sugar to grain markets in most of the country’s cities being cut off.
The price of 100 kg sack of sugar has gone up from Rs. 9,200 to Rs. 10,000 in a single day due to interruption of sugar supply and artificial shortage.
The government has to bear the brunt of the action taken against the owners of sugar mills. The price of sugar has gone up by Rs 800 in a single day, after which the price of sugar in the general market has gone up by Rs 110 or more. Is likely.
Following the current situation, major cities of Punjab like Lahore, Gujranwala, Multan and Faisalabad have seen a clear increase in sugar prices and sugar prices in the general market have reached between 110 and 120.
On the other hand, the citizens fear that if the prices of sugar go up so much from now on, these prices will not only go up further in Ramadan, but also a crisis may arise.