Sindh wheat release set at Rs12,500 to curb flour ...

Summary

• Sindh wheat stocks will reach the market from October 15 at Rs12,500 per 100kg, after the chief minister approved a release to steady rising flour prices.
• Sindh wheat stocks and suppliesOfficials told the meeting that Sindh wheat stocks across districts stood at 346,414 metric tonnes.
• For Sindh wheat buyers, though, the immediate relief will come from the October 15 release.

AI Generated Summary

Sindh wheat stocks will reach the market from October 15 at Rs12,500 per 100kg, after the chief minister approved a release to steady rising flour prices.

Chief Minister Syed Murad Ali Shah gave the approval on Wednesday while chairing a food department meeting at Chief Minister House. He told the department to begin the release from October 15. He also told officials to make sure consumers actually receive the benefit of the subsidised rate.

Sindh wheat stocks and supplies

Officials told the meeting that Sindh wheat stocks across districts stood at 346,414 metric tonnes. Passco will add 190,000 tonnes, while 300,000 tonnes of imported wheat will also arrive. Once those supplies land, Sindh will have 836,414 tonnes ready for release.