Karachi wholesalers demand cut in flour retail price

Author: inp

Wholesale Grocers Association Chairman Abdul Rauf Ibrahim has demanded a cut in the retail price of flour in the city. Ibrahim said that the retailers were selling flour at higher prices as the Karachi Commissioner had not yet notified new prices amid a cut in the wheat price. According to him, flour was being sold across the city at Rs123 per kilogramme. Ibrahim said that the flour price in Karachi was higher compared with Hyderabad where the commodity was available for Rs108 per kg in the retail market. Abdul Rauf Ibrahim claimed that the wholesalers have demanded multiple times from the Karachi Commissioner to slash the price as wheat prices have come down to Rs85 per kg. The wholesalers were selling the commodity at Rs104 per kilogramme while the government notified price for flour was Rs123 per kg in the retail market in the city, he said. The benefit of a cut in the wheat price was not being passed to the masses as the retailers were selling the commodity at higher prices, he added.

Share
Leave a Comment

Recent Posts

  • Pakistan

PTI’s central political committees raise questions about Bushra Bibi’s involvement

On Wednesday, the core and political committees of Pakistan Tehreek-e-Insaf (PTI) deliberated on Bushra Bibi's…

40 mins ago
  • Pakistan

‘Final call turns out to be missed call’

In a scathing criticism, Information Minister Attaullah Tarar slammed Pakistan Tehreek-e-Insaf (PTI) after the party…

2 hours ago
  • Pakistan

SC rejects suo motu notice plea on fatalities during PTI protest

The Constitutional Bench of the Supreme Court has rejected the PTI plea seeking to take…

2 hours ago
  • Pakistan

Finance ministry sees Nov inflation dropping to 5.8-6.8%

The first four months of the current fiscal year showed better than expected improvement marked…

2 hours ago
  • Pakistan

Govt says Afghans can’t live in Islamabad without NOC after Dec 31

Federal Interior Minister Mohsin Naqvi has announced that from December 31, no Afghan nationals will…

2 hours ago
  • Editorial

Ceasefire & Crossfire

The ceasefire between Hezbollah and Israel, two longstanding rivals, was welcomed by the people of…

2 hours ago