Commodity News- Sugar exports push retail price to Rs150 per kg.

Byline: S. KAMAL HAYDER KAZMI

Amid the lack of any government interest towards rising commodity prices, the sugar price in Jodia Bazaar, the country's main wholesale commodity market, further surged to Rs136-137 per kg on Saturday from Rs131-132 a few days back mainly due to an export-driven spike in demand.

In Less than 20 days, the wholesale rates have swelled by Rs19 per kg as speculators and hoarders have taken over the market, wholesalers and retailers said.

According to the Sensitive Price Index (SPI) for the week...