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Last updateThu, 19 Oct 2017 8am

Business News

The chairman of Sathosa T M K tennakoon says Open Market policy is the main reason for White sugar price hike.

The chairman of Sathosa T M K tennakoon says Open Market policy is the main reason for White sugar price hike. The current selling price is Rs 102/-. Mr tennakoon also observed that the sugar price in world market has gone down. A metric ton is sold in the range of 200 – 250 dollars. He also said earlier there was a tax of 30 percent imposed on sugar, but it has been reduced to 25 percent later.

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