WEBDESK (Azaad English): The sugar prices has increased sharply across Pakistan since the beginning of Ramazan, making it difficult for many people to afford this essential item. Hoarding, profiteering, and ineffective government price control have caused significant variations in sugar prices across different markets. Despite efforts to stabilise rates, consumers continue to face high prices in open markets, with little relief in sight.
During the beginning of the fasting month most retail stores offered sugar at prices ranging between Rs156-160 per kilogram. Open market prices of sugar now reach Rs180-185 per kilogram and wholesale business transactions rate at Rs160-165 per kilogram.
Although the government has set lower rates at designated sale points, such as Rs130 per kilogram at makeshift outlets and Rs153 per kilogram at Utility Stores, these options are either limited or insufficient to meet demand.
The price surge of sugar extends beyond particular regions to impact every major city throughout Pakistan. The retail price of sugar in Quetta has risen by Rs15 per kilogram to meet Rs180 per kilogram while the wholesale market value stands at Rs175 per kilogram. In Lahore and Peshawar, prices have also seen a rise of Rs10 per kilogram, now selling for Rs170 per kilogram in both cities. Meanwhile, in Karachi, sugar that was previously available for Rs145 per kilogram before Ramazan is now being sold at Rs168 per kilogram in wholesale markets and Rs180 per kilogram in retail stores.
Along with sugar, chicken prices have also surged. The current market prices for wholesale chicken have reached Rs19,600 per maund, while retailers across Punjab, including Rawalpindi, are selling live chicken at Rs590 per kg. As a result, chicken meat has become one of the most expensive sources of protein in Pakistan.
