Karachi flour price fixed at Rs. 130 per kilogram

The Commissioner of Karachi has taken notice of a sharp increase in flour prices in the city. A meeting was held between the Commissioner of Karachi and the Flour Mills Association where it was agreed to ensure the supply of wheat at lower prices and without interruption.

Following the meeting, flour mills reduced the ex-mill price of No. 2.5 flour by Rs. 3 per kilogram fixing it at Rs. 130 per kilogram. Flour mills across the city will sell No. 2.5 flour at an ex-mill price of Rs. 130 per kilogram from today.

The price of wheat has also fallen to Rs. 121 per kilogram resulting in a reduction in flour prices. It is worth mentioning that the Flour Mills Association had previously increased flour prices arbitrarily.

The price of No. 2.5 flour had been raised to Rs. 133 per kilogram while fine flour was priced at Rs. 149 per kilogram. During the past three months, the price of No. 2.5 flour increased by Rs. 24 per kilogram while the price of fine flour rose by Rs. 31 per kilogram.

The price of mill-ground flour (chakki atta) has also increased by Rs. 20 to Rs. 25 per kilogram over the past three months. Wheat is currently being supplied to chakki owners at Rs. 130 per kilogram. However, if wheat prices rise further, there is a possibility that flour prices could increase again.