Punjab govt launches investigation into increase in sugar price, smuggling

Punjab govt launches investigation into increase in sugar price, smuggling

Pakistan

So far 400,000 tons of sugar has been smuggled to Afghanistan.

LAHORE (Dunya News) – The Punjab government on Sunday launched a probe into the continuous increase in sugar price and smuggling to Afghanistan.

Sources said the investigation would find out which routes were used to smuggle sugar to the other side of the border.

The Punjab Cane Commissioner has asked for details from the sugar mills, sources further said, adding that mill owners and dealers involved in sugar smuggling would be investigated.

It is learned that so far 400,000 tons of sugar has been smuggled to Afghanistan.

Sources added that due to increase in the price of sugar by Rs25 per kg, the mill owners have benefited to the tune of Rs115 billion.

ALSO READ: Sugar prices continue to skyrocket across the country

The price of sugar ahs been continuing to increase in different cities of the country as the sugar price also jumped to Rs6,000 per 50kg bag in a month in wholesale market.

In Faisalabad, sugar price increased from Rs130 to Rs135 after an increase of Rs40 per kg.

The price of sugar has increased by Rs20 in Hyderabad whereas it has gone up to Rs120 in the wholesale market and Rs130 per kg in retail in Karachi.
 




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