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Flour situation eases further
By Our Staff Reporter
LAHORE, March 10: The availability of flour
improved further on Tuesday, but the price
remained high despite raids by the city district
government. The price of a 20kg flour bag
continued to range from Rs220 to Rs225 against the
official Rs215 to Rs220. In some posh localities,
it even touched Rs230 and Rs235.
Meanwhile, the Punjab Food Department has reduced
wheat releases from 20,000 tons a day to 15,000
tons, and it plans to maintain the supply at this
level till the end of the current season on April
15. By doing so, the department hopes to meet the
demand in the current season.
About stocks' position, Punjab Director (Food)
Jawad Rafiq said the department still had 620,000
tons, which should be sufficient for the remaining
35 days of the season. The department had recently
checked the situation on the ground,
counter-checked its figures and found them
correct, he said.
He also claimed that Punjab had started asking
Sindh to return 50,000 tons of wheat that the
latter borrowed two months back to meet a flour
crisis. Sindh should soon be in a position to
return wheat to Punjab as its new crop has started
arriving in the market.
The Sindh food secretary is due in Punjab in the
next days, and the matter will be resolved. Even
if wheat does not arrive from Sindh, Punjab has
sufficient wheat to meet its requirements, he
claimed.
With the arrival of new crop in Sindh, the
pressure on Punjab wheat should ease a bit, an
official of the Pakistan Flour Mills Association
maintained.
Though the pace of procurement was very slow, it
should have a corresponding effect on the supply
and price situation in Punjab. The price was not
expected to come down, but the rising trend would
certainly be curtailed by a healthy supply, he
claimed.
The DAWN |