Flour price reduced in Sindh after two months

• Price of flour has reduced by up to R10 per kg
• Price of chakki atta has reduced to Rs150 per kg
• Sindh government has released wheat to flour mills

KARACHI: The prices of flour have reduced by up to Rs10 per kilogram in open markets of Karachi after a crisis for over two months, BOL News reported.

Chairman Karachi Wholesale Grocers Association Abdul Rauf Ibrahim said the price fine flour and chakki atta have also been reduced after the Sindh government released wheat quota to flour mills.

The rate of wheat has been reduced by Rs130 to Rs120 per kg. As a result, the price of chakki atta went down from Rs160 to Rs150 per kg.

Chief Secretary Sindh held a meeting with high officials on the prices and supply of flour in Karachi. He ordered deputy commissioner to take action and control the prices

Amid an acute shortage of flour and rising prices, the Sindh government released subsidized wheat quota to flour mills which reduced the flour price up to Rs10 per kilogram.

The provincial food department has released 97,000 tonnes of subsidized wheat to flour mills and 700,500 tonnes to the chakki owners in Karachi. In Hyderabad, the food department released 27,947 tonnes of wheat to flour mills and 7,000 tonnes to chakki owners.

The provincial government has so far released 201,608 tonnes of wheat to the flour mills and 25,392 tonnes to chakki owners across Sindh.

A day earlier, Sindh government approved the procurement of 300,000 tonnes of wheat from Pakistan Agricultural Storage & Services Corporation (PASSCO) to meet the wheat requirement of the province till the harvest of the new crop in early March.

Chief Minister Murad Ali Shah directed the food department to make necessary arrangements for the procurement of wheat crop from early February so that the procurement target could be achieved.

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