|
Wheat flour by-product prices up by 5-17pc
KARACHI, MARCH 12: The
price hike in wheat flour has made an impact on
its by-products like plain bread, rusk, tandoori
nan, sheermal and taftaan, making them costlier by
five to 17 per cent.
Flour millers, also running bread and rusk
business, claimed that they have made an increase
of only five per cent in the prices but clever
shopkeepers, towards whom the price regulators
have turned blind eye, are taking full advantage
by charging additional prices ranging between 10
to 17 per cent.
Retailers are charging Rs15 for plain small bread
instead of Rs12. The companies claim that they
have raised price by Re1 per bread, while large
bread price has been increased to Rs24.50 from
Rs23 but retailers are fleecing the consumers by
demanding up to Rs27 depending on the areas.
"We have made an increase of only five per cent on
bread and rusk," ex-chairman Pakistan Flour Mills
Association (PFMA), Shaikh Akhtar Hussain told
Dawn on Thursday.
He linked the price hike in these items to the
rising rate of maida (super fine atta) to Rs1,250
per 80 kg from Rs900. Many bread and rusk making
companies, who do not own any flour mills, have
made the increase in the rates quite high as
compared to prices increased by millers, also
operating flour mills.
Makers of tandoori nan, sheermal and taftaan have
also escalated the prices by 50 paisa per nan and
Re1 per sheermal and taftaan as a result of
increase in wheat flour prices. A tandoor nan now
costs Rs3 as compared to Rs2.50 while sheermal and
taftaan prices are being charged at Rs10 as
against Rs9.
The local markets are facing acute shortage of
wheat flour varieties. Rates of atta No.2.5
continued to maintain their peak level at Rs18 per
kg but in some areas, retailers are demanding Rs20
per kg.
Fine atta prices were also flying high at Rs18 per
kg but its 10 kg bags, which have either
disappeared or in acute short supplies, are
selling at Rs180-190 per bag.
Akhtar Hussain blamed the shopkeepers for minting
huge profits from the consumers since the mills'
price ranges between Rs150- 155 per 10 kg bag. "I
think that the wheat flour prices will remain
under tremendous pressure for another 10-12 days
since 50 per cent of mills in Karachi have already
suspended their operations," he said, adding that
shortage of wheat and atta still exist.
The Sindh Food Department on Monday said that the
government has not imposed 144 Cr PC on movement
of wheat from one district to another and flour
mills are at the liberty to purchase wheat from
any where in the province. But PFMA ex-chairman
said that the decision has not yet been
implemented as only 4,000-5,000 wheat bags are
arriving from interior Sindh daily as compared to
demand of 20,000 bags.
He quoted the rate of atta No. 2.5 at Rs
1,150-1,200 per 80 kg but in the open market its
rates, quoted by the dealer, ranged between
Rs1,250-1,300. Consumers' grievances do not end
here. Increase in wheat flour rates have made a
psychological impact on other essential edible
items such as rice and sugar.
The price of Irri-6 and Irri-9 varieties of rice
has also surged to Rs14-16 and Rs20-22 per kg from
Rs10-12 and Rs16-18 per kg. Sugar prices in
wholesale markets have also gone up to Rs16 from
Rs15.50 per kg but the retailers are flexing their
muscles to cover up the wholesale price hike from
the consumers' pockets. Currently, the price of
sugar is Rs18 per kg.
It is now clear that both federal and provincial
governments are not sensitive to consumers'
plight. They still assert that there is "no
shortage of wheat flour besides claiming that
prices are well under control."
The City government, on the other hand, feels
reluctant to check the retailers and shopkeepers
since their officials lack any magisterial powers
to monitor profiteering and hoarding.
The so-called consumers' bodies are perhaps
preoccupied with issues other than defending
consumers rights. They have failed to present a
strong case against unjustified price hike in
various items before the federal government.
Consumers are in a fix as prices of wheat flour,
rice, cement, steel products, some vegetables and
pulses, milk products, beef and mutton, etc., have
all risen in a short span of time. The federal,
provincial and the local governments have yet to
conduct proper market surveys to ascertain the
real causes of sudden price hike.
The DAWN |