KUALA LUMPUR: The price of coarse refined sugar is now at RM2.95 per kilogramme, which took effect yesterday (March 1).
This was announced by the Domestic Trade, Cooperatives and Consumerism Ministry in a statement today.
The ministry said the new price followed a substantial rise in global prices of raw sugar, which is imported by Malaysia.
“Nevertheless, the government is still controlling the prices at the lowest possible level, compared to the increase in prices in other countries,” said the ministry.
Prior to this, the price of refined sugar stood at RM2.84 per kg.
The ministry said the last time the price of sugar was revised was on Oct 25, 2013.