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Business & Finance

Flour price jumps Rs3 per kg in Lahore

  • Food department officials and the district administration are of the view that the increase in prices is unilateral and action will be taken against the mill owners.
Published June 9, 2020

Flour mill owners have increased the price of flour by Rs3 per kg in Lahore, Punjab, after which the new price of the commodity has reached Rs65 per kg.

Despite the wheat season, the increase in flour prices this year is astonishing, said a report. Earlier, flour mill owners increased the price of a 20kg bag of flour by Rs100 and now mill owners have increased the price of by Rs3 per kg as wheat became more expensive.

Mill owners say they can't sell roti cheaply as wheat is available at Rs2,000 per maund. Consumers, on the other hand, complained that it was worrying that flour became more expensive with the advent of the new crop.

Food department officials and the district administration are of the view that the increase in prices is unilateral and action will be taken against the mill owners.

On the other hand, the Peshawar Nanbai Association once again threatened to increase the price of nan as soon as the flour crisis hit intensifies in Khyber Pakhtunkhwa.

According to Iqbal Yousafzai, president of the nanbai association, if the prices of flour are not reduced by June 10, they will increase the price of nan from Rs10 to Rs15.

According to flour dealers, the biggest hurdle lies in bringing flour from Punjab to Khyber Pakhtunkhwa where extortion is collected from illegal check posts.

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