MSM in continuous talks with govt for review of sugar ceiling price

MSM group chief executive officer Syed Feizal Syed Mohammad

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).