Lahore: After the implementation of sugar cess in Punjab, the future of sugar prices has been questioned, while price fluctuations in the market have worried consumers.
According to sources, the government has imposed a sugar cess of Rs 5 per 40 kg on sugar, which will be paid by sugar mills and farmers in equal parts.
Difference in market rates
According to the current market situation:
- Ex-mill rate: Rs 135 per kg
- Open market rate: Rs 160 per kg
- 50 kg bag in Akbari Mandi: Rs 7,500
Traders say that this difference shows artificial inflation, which indicates weakness in the supply chain.
According to economists, if government supervision is not effective, the price of sugar may go beyond the reach of the common consumer.
Citizens say that sugar is a basic daily consumption item, and every increase in its price increases the burden of inflation.
Experts say that the government should strengthen the market control system along with the implementation of sugar cess so that there is no additional burden on the public.
According to economic circles, if the effects of sugar cess are not controlled in time, sugar prices may increase further in the coming weeks, which will see a new increase in inflation.
