Surge in flour price witnessed in Lahore, Rawalpindi

Author: inp

The prices of wheat and flour have seen upward trend in the last couple of days in the province. In the provincial metropolis, the price of a 20-kg bag of flour has increased by Rs150 and the similar upsurge in price has been witnessed in Rawalpindi.

In Lahore, the price of a 20-kg flour bag increased from Rs1,650 to Rs1,700, in Rawalpindi, flour bag was hiked from Rs1,700 to Rs1,850.

Pakistan Flour Mills Association (PFMA) has blamed what it called upward trend in wheat prices for the increase in flour price.

The price of flour has increased due to the rising trend in the price of wheat, an office-bearer said, adding the price of wheat has increased from Rs2,900 to Rs2,950 per maund. He claimed that the price of wheat has increased by Rs250 per maund in a few days.

PFMA warned that the price of wheat and flour are likely to increase further in future.

Share
Leave a Comment

Recent Posts

  • Business

CDNS attains Rs 600 billion mark in annual savings target

The Central Directorate of National Savings (CDNS) has accomplished a target of Rs 600 billion…

8 hours ago
  • Business

777 planes can land at Faisalabad airport after expansion: Airport manager

About 777 planes could land at Faisalabad International Airport after the expansion of its runway…

8 hours ago
  • Business

Gold prices up by Rs2,100 per tola

The price of 24 karat per tola gold increased by Rs 2,100 and was sold…

8 hours ago
  • Business

Industry leaders push for sustainable policies through collaboration

The government needs to establish long-term and sustainable policies in consultation with the real stakeholders…

8 hours ago
  • Business

Value-added textile export industry be top priority of govt: PHMA

The value-added export-oriented textile industry should be given the top priority of the government, providing…

8 hours ago
  • Business

FRIA wants special incentives for cash-strapped small industry

The Ferozepur Road Industrial Association (FRIA) has asked the government to announce soft financing with…

8 hours ago