Chief Justice LHC Mamoon Rashid Sheikh was hearing a petition over the matter.
According to petitioner wheat flour and sugar were available in quantity more than the requirement but the mafias have created an artificial crisis.
The feed mills have purchased wheat instead of the expensive corn. Around 2,50,000 tons of stocks have been purchased by the feed mills, while 4,00,000 tons of wheat have been exported, , the petition said.
The petitioner pleaded to the court to impose a ban over export of the wheat and crackdown against hoarding of sugar.
The bench sought the record of overall wheat and sugar stocks in the province, their export and estimates about smuggled out stocks of these commodities.
The court adjourned further hearing of the case till February 13.
Earlier, a petition filed in the Lahore High Court sought forensic audit of sugar stocks in sugar mills.
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