LAHORE: The retail rates for wheat flour increases from Friday (today) to record Rs2,100 per 20-kg, Rs1,050 per10-kg bag, and a 15-kg bag has been fixed at Rs1,650.
The announcement aligns the flour price levels to rising wheat rates in the open market, said Haji Yousuf, President of the Lahore Atta Dealers Association on Thursday. Yousuf said the upward price revision was unavoidable because wheat is now trading at Rs4,000 per maund (40-kg) in the open market in provincial metropolitan against the officer indicative price of Rs3,500 per 40kg.
