Wheat in Sindh spikes to Rs135 per kg, marching towards loot, snatching

News Image

Nilam Bano | January 05, 2023 at 11:06 AM GMT+05:00

0:00

January 05, 2023 (MLN): Amidst the flood-led destruction in Sindh’s agriculture sector, the shortage of wheat and inflationary pressure has spiked the price of Wheat in the open market to Rs135 per kilogram (kg). However, in December 2022, the staple was available at Rs95 per kg.

Wheat is the basic staple item that is used across all income classes. Thus, the surging prices have made it unaffordable for the poor people.

This extreme surge in the price of the basic staple is threatening the law-and-order situation in the province as the flour millers foresee loot and snatching of flour in days to come.

Meanwhile, the Chakki flour reached Rs160 per kg compared to Rs120 per kg in December 2022.

In Punjab, wheat price in the open market clocked in at Rs120 per kg

In order to provide relief to the poor and low-income class in these recessionary times, the government should unfreeze its stocks and fix the price of Rs100 per kg at least.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 161,631.73
408.94M
3.13%
4898.86
ALLSHR 98,254.73
951.34M
2.71%
2590.07
KSE30 49,377.29
213.50M
3.40%
1624.91
KMI30 232,700.28
121.13M
2.88%
6525.03
KMIALLSHR 64,179.60
399.93M
2.39%
1496.52
BKTi 46,334.17
105.09M
5.56%
2441.42
OGTi 31,362.73
10.58M
1.56%
482.31
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 109,960.00 111,630.00
107,835.00
3005.00
2.81%
BRENT CRUDE 64.73 65.15
63.81
0.36
0.56%
RICHARDS BAY COAL MONTHLY 80.50 0.00
0.00
-1.25
-1.53%
ROTTERDAM COAL MONTHLY 92.90 92.90
92.90
-0.25
-0.27%
USD RBD PALM OLEIN 1,082.50 1,082.50
1,082.50
0.00
0.00%
CRUDE OIL - WTI 60.95 61.38
59.99
0.38
0.63%
SUGAR #11 WORLD 14.42 14.49
14.20
0.14
0.98%

Chart of the Day


Latest News
October 31, 2025 at 05:06 PM GMT+05:00

PSX Closing Bell: What a Feeling!


October 31, 2025 at 04:18 PM GMT+05:00

PKR remains flat against USD



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg