Flour prices drop sharply in Pakistan after new wheat arrival

KARACHI: After the arrival of the new wheat crop in the market, flour mill owners have announced a major reduction in the prices of flour and meal.

According to the details, the price of wheat per kilogram has decreased by Rs 10 with the arrival of the new crop, after which the prices of flour and meal have been cut by up to Rs 12 per kilogram.

According to the Flour Mills Association, the price of wheat has come down from Rs 95 to Rs 85 per kilogram. As a result of this decrease, the price of 2.5 number flour in Karachi has been reduced from Rs 107 to Rs 95 per kilogram.

Similarly, the price of fine flour has also seen a significant reduction and it has come down from Rs 126 to Rs 114 per kilogram.

Experts say that the availability of the new wheat crop in the market will stabilize prices, which will provide great relief to the people suffering from inflation.