Sugar prices drop Sh20 as unsold factory stocks rise

Tractors deliver cane at a sugar factory in western Kenya. FILE PHOTO | NMG

Unsold stocks of sugar in factories have gone up more than five times the required limit, cutting consumer prices by Sh20 on a two-kilogramme packet.

Sugar directorate said there is an average of 12,000 tonnes of sugar daily that are held by millers, against 2,300 requirement.

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