KUALA LUMPUR: Sugar industry players including MSM Malaysia Holdings Bhd
are engaging the government to review the ceiling price of sugar amid rising raw material and freights costs.
Group chief executive officer Syed Feizal Syed Mohammad said the domestic wholesale refined sugar price is currently capped at RM2.69 per kilogramme (kg).
"The ballpark is about 20 per cent increase (in input costs) on a general basis when you combined all input costs. This we have shared with the government.
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