By Rahim Abdul
Salima Sugar Company has assured consumers that the price of its sugar remains unchanged, despite recent price adjustments by other players in the sugar industry.
The company’s statement comes at a time when households are facing rising living costs, prompting concerns over possible increases in the prices of basic commodities.
Speaking on the matter, Salima Sugar official Charles Thupi said the company has not revised its sugar prices and has no immediate plans to do so.
Thupi explained that the company’s position remains firm even after other producers, including Ilovo Sugar, raised their prices to around K4,600 per kilogram.
He said Salima Sugar understands the pressure consumers are going through and is committed to ensuring its products remain affordable.
According to Thupi, maintaining stable prices is part of the company’s broader effort to support Malawians during the current economic challenges.
He added that Salima Sugar continues to monitor market trends and production costs while prioritizing the interests of consumers.
The assurance has been welcomed by some consumers who had feared that price increases by one producer would trigger similar moves across the industry.
Economic analysts say price stability by some manufacturers can help ease inflationary pressure, especially on essential food items like sugar.
As the situation unfolds, Salima Sugar says it will keep the public informed should there be any changes, but for now, consumers can expect prices to remain the same.
