Observer Report
Lahore
Amid rising inflation, Pakistan Flour Mills Association has increased the price of 20-kg flour bag by Rs 120 and now it will cost Rs 925 instead of Rs 805.
The ex-mill price of 20-kg bag of flour has been increased to Rs 900 with the justification given by Flour Mills Association being the rising price of wheat.
Chairman Punjab Flour Mills Association Abdul Rauf Mukhtar said that the per maund price of wheat in open market has gone over Rs 1600 meaning that it is not possible to sell flour at government rate at current wheat price. He further said that the situation deteriorated due to ban on transportation of new stock and confiscation of mills’ stock by the government, leaving the mills with not even enough stock for 72 hours.
Abdul Rauf Mukhtar further said that if the food department wants to maintain the official price, then wheat should be released as it is their responsibility to maintain the supply of flour.
