51,000-tonne wheat shipment docks; flour prices may ease

Wheat flour prices in Pakistan are expected to ease after 51,000 tonnes of imported wheat reached Karachi Port, with a second cargo due on 3 November.

A ship with 51,000 tonnes of imported wheat has arrived at berths 16 and 17 of Karachi Port.

A second vessel with 59,132 tonnes is expected on 3 November, taking combined imports above 110,000 tonnes.

Federal Minister Rana Tanveer Hussain said wheat prices should return to normal within a few days.

The government has fixed the wheat support price at Rs4,500 per maund after provincial consultation.

More than 1.3 million metric tonnes from PASSCO stocks have already been supplied to the provinces.

Read the full story

Zaviya News