Government-sponsored hoarding, flour and sugar prices hit record highs in Karachi

Government-sponsored hoarding, flour and sugar prices hit record highs in Karachi

Karachi: The price of flour and sugar in the city of Quaid has reached the highest level, for which the food department of Sindh has been held responsible.

Chairman Flour Mills Association Sindh Chaudhry Aamir told Express that earlier the ban on bringing wheat to Karachi and the increased cost of bringing wheat due to bribes made flour expensive.

He said that a large amount of wheat has been stored in Sindh under government patronage.

Chairman Flu Accused Association Sindh demanded the federal government to allow flour mills to import wheat. The price in the international market is low which can be reached at the cost of 93 rupees per kg in Karachi.

He claimed that with the arrival of imported wheat, the price of flour per kg in Sindh will immediately become cheaper by 50 rupees.

Chairman of Wholesale Grocers Association Rauf Ibrahim told Express that the price of sugar per kg has increased by Rs 3 in the wholesale market in just two days, while the price of sugar per kg in wholesale has reached a record level of Rs 135.

He said that the price of sugar and flour has become rampant. Rauf Ibrahim said that war should be declared against bettors and sugar mafia. In the last three weeks, the price of sugar per kg has increased by an extraordinary amount of Rs. Is.

He said that hoarders and speculators mafia are involved in increasing the price of sugar and flour, the price of flour in Jodia Bazaar is 147 rupees per kg.

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Government-sponsored hoarding, flour and sugar prices hit record highs in Karachi