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Sugar stocks fall, shelf price rises as contraband fight hits supply

Agriculture Cabinet Secretary Mwangi Kiunjuri. FILE PHOTO | NMG

By  GERALD ANDAE

The volume of sugar held by millers is falling after a crackdown on contrabands as the retail price of the sweetener skyrockets.

According to the Sugar Directorate, the volume dropped from a high of 18,000 tonnes in the last two weeks to current 12,000 tonnes.

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Note: The results are not exact but very close to the actual.

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