Flour Price Increase in Punjab
The rate of flour has accelerated in the province of Punjab, Pakistan for each 10 kg and 20 kg bags. The Punjab Flour Mill Association referred to that the purpose at the back of the fee amplification is the scarcity of wheat stock. Since the mills had been already going for walks out of stock, they have been left with no different choice but to amplify their prices.
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Price Increase Summary:
Flour Bag :
- Previous Price: Rs 1,730
- New Price: Rs 1,750
- Raised: Rs 20
10kg Flour Bag
- Old Price: Rs 865
- New Price: Rs 875
- Price Hike: Rs 10
Details | Information |
Event | Flour Price Increase in Punjab |
Price Increase for 20 kg Bag | Rs 1,730 to Rs 1,750 (Rs 20 hike) |
Price Increase for 10 kg Bag | Rs 865 to Rs 875 (Rs 10 hike) |
Reason for Increase | Wheat stock shortage |
Impact on Consumers | Higher cost for flour; pressure on household budgets |
Start Date | Effective immediately (Exact date pending) |
Official Website | Punjab Flour Mill Association |
What to blame for the Price Hike?
The Punjab Flour Mill Association chairman stated that wheat shares are declining and for this reason the rate hike. The flour Price Increase in Punjab has risen by Rs 300 over the previous two weeks. It got here due to grant issues, mills failed to procure sufficient wheat in face of the demand.
This is precisely what the 5 principal flour mills in Punjab that furnish a substantial phase of the market have done. Flour sellers in neighborhood markets additionally have begun promoting the product at upgraded rates. So, when you go to the keep to buy flour, you will discover the new fees put in action.
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Impact on Consumers:
It interprets into being dearer for the patron regardless of whether or not one buys a small sack of 10 kg or a huge sack of 20 kg. This bigger will add more strain to home budgets, especially at family levels, the place flour-based staple objects like roti, chapati, and others regularly characteristic in their staple diet.
It’s no longer certain how long these excessive expenses will last. It will depend on the price at which the wheat inventory trouble resolves itself. If the grant improves, then the charge stabilizes; if the scarcity prolongs, it could shoot up more.
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