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Wheat prices skyrocket across the country

Wheat prices skyrocket across the country

LAHORE: Flour prices across the country have skyrocketed across the country, selling for Rs62/kg across the stores.

According to Retailers Association, the price of the flour has increased by five rupees in just the last week due to a shortage of wheat supply. “Fine flour is available for Rs62/kg while the price of mill flour has been increased by five to six rupees and being sold between Rs 62/kg to Rs70/kg,” president retailers association said.

In Karachi, a sack of flour is being sold for Rs500.

According to the dealers in the open market, the price of what per kilogram has increased from Rs47 to Rs52 in the open market, while a sack of flour after an increase of Rs500, a 100kg sack is being sold for Rs5,200.

In some parts of the city bags of 10kg flour which cost Rs450 before the crisis are now being sold for Rs700 after an increase of Rs250. In Hyderabad, the price of flour has reached a record high with a 10kg bag of flour being sold for Rs640.

In Lahore, the Flour Mill Association Punjab has increased the price of flour by Rs6 per kg, after which flour is being sold at Rs70 per kg across the province.

The Flour Mill Association fixed the price of flour at Rs64 on January 4, however, a few days later, wheat was being sold at Rs70per kg. A 20kg bag of flour is being sold for Rs808.

General secretary of the Flour Mills Association has said the market is facing a flour crisis and the other provinces have been relying on Punjab to cover the non-availability of flour.

In Gujranwala, a 20kg bag of flour which was initially being sold at Rs805 is not being sold at Rs1,050.

In addition, wheat supply to government mills has been halted in Faisalabad due which the price of flour has reached Rs70 per kg due to non-availability of official wheat.

District food controller says flour mill owners even after getting wheat from the government are selling flour expensive to consumers.