Millers increase the level of flour bags by 20kg by Rs120 – Newspaper | Instant News

LAHORE: The Punjab Flour Factory Association (PFMA) announced on Friday the increase in flour prices comparable to the increase in wheat prices on the open market.

Consumers will now pay an extra Rs120 for 20 kg of flour bags in Lahore, Kasur, Sheikhupura, Faisalabad, Okara, Sahiwal and other central Punjab areas. Whereas it will be Rs50 to Rs60 per 20kg increase for southern Punjab consumers.

On the other hand, the government said a unilateral increase in flour prices would not be permitted.

PFMA complained that the food department did not release wheat to the factory and they had to buy it from an open market where the tariff in central Punjab had risen to Rs1,600 per 40kg; Therefore, he has increased ex-mill prices for 20kg bags at Rs900 and for retail at Rs925. Because the price of wheat in southern Punjab ranges from Rs 1,525 to Rs 1,550 per 40kg, the tariff increase will be from Rs50 to Rs60 per 20kg bag.

PFMA leader Abdur Rauf Mukhtar said the price of wheat had begun to rise amid Ramazan but the PFMA did not increase the level of cooperation with the government during the holy month.

Punjab Minister of Food Abdul Aleem Khan said the government would negotiate with a flour mill today (Friday) to convince them not to raise prices and resolve the problem of releasing wheat.

He said the government would not allow unilateral increases in food prices and warned of action if anyone tried to exploit the situation.

Published in Dawn, May 30, 2020

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