India, March 22 -- Sugar prices are shooting up the roof in Pakistan even though deputy prime minister Ishaq Dar warned a few days back that the prices should not breach the (Pak) Rs.164 per kg limit.

A report from The Dawn said that the average national price of sugar ranged between Rs.164 to Rs.180 per kilogram.

After Prime Minister Shehbaz Sharif announced a crackdown on hoarders on March 15, the wholesale price of sugar fell from Rs.168 per kg to Rs.158 per kg in Karachi, said Rauf Ibrahim, president of the Karachi Wholesalers Grocers Association (KWGA).

But the Rs.10 per kg fall did not hold back retailers from cashing in on the situation, wherein the demand for sugar is on another high due to Ramazan.

Rauf further quipped that t...