Karachi: The price of sugar has surged in major cities across Pakistan, including Karachi, Lahore, and Peshawar, as demand rises during the holy month of Ramazan.
According to market reports, the price of sugar has increased by Rs 10-15 per kilogram, with rates now hovering around Rs 160-170 per kg in some areas. The sudden hike has added to the financial burden of consumers already struggling with inflation.
Traders attribute the price increase to higher demand, supply chain disruptions, and hoarding by profiteers. Authorities have vowed to take action against hoarders and ensure stable prices in the market.
Consumers have urged the government to implement strict price controls to prevent further hikes during Ramazan.