Sufficient wheat stocks available to fulfill domestic requirements of flour: Khusro Bakhtiar
MG News | January 20, 2020 at 11:07 AM GMT+05:00
January 20, 2020: Minister for National Food Security Khusro Bakhtiar says sufficient wheat stocks are available in the country to fulfill domestic requirements of flour.
Addressing a news conference in Islamabad, he expressed firm resolve to take strict action against those involved in hoarding, profiteering or creating artificial crisis of the commodity in domestic markets.
The Minister said current scenario of wheat and flour emerged due to multiple reasons, including transporters' strike in Karachi which effected supply in local markets of Sindh and ban on movement of wheat between Punjab and Khyber Pakhtunkhwa to curb its smuggling.
He said both the causes have been dually addressed and supply of grains restored, which has bridged the demand and supply gap.
He said the situation would be smooth in the local markets and wheat prices would also come down in a couple of days.
Khusro Bakhtiar said a special helpline has been established to monitor the wheat supply in local markets.
Radio Pakistan
Related News
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 174,429.93 266.12M | -0.97% -1703.64 |
| ALLSHR | 105,686.64 690.36M | -0.83% -882.18 |
| KSE30 | 52,098.85 92.57M | -1.07% -565.05 |
| KMI30 | 245,280.51 99.74M | -1.03% -2557.91 |
| KMIALLSHR | 67,681.60 338.90M | -0.84% -574.20 |
| BKTi | 49,745.96 31.42M | -0.99% -497.94 |
| OGTi | 34,431.76 6.26M | -0.55% -190.66 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 65,985.00 | 66,840.00 65,780.00 | -535.00 -0.80% |
| BRENT CRUDE | 94.36 | 95.47 91.31 | 3.35 3.68% |
| RICHARDS BAY COAL MONTHLY | 105.75 | 0.00 0.00 | -0.75 -0.70% |
| ROTTERDAM COAL MONTHLY | 119.65 | 0.00 0.00 | -0.45 -0.37% |
| USD RBD PALM OLEIN | 1,135.00 | 1,135.00 1,135.00 | 0.00 0.00% |
| CRUDE OIL - WTI | 87.53 | 88.61 84.44 | 3.19 3.78% |
| SUGAR #11 WORLD | 14.81 | 14.94 14.76 | -0.07 -0.47% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|
Lending and Deposit Rates