Good news for the Pakistanis fed up with inflation and bad news for the hoarders as there is a possibility of mega reduction in the flour prices.
As per sources, the first ship of wheat from Russia has reached Karachi with thousands of tons of wheat.
This is the first ship of wheat ordered from Russia by the private sector.
Wheat has been ordered from Russia at $279.50 per metric ton.
The sources said the wheat flour imported from Russia would be supplied to the mills at a price of Rs92 per kg.
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Earlier in March, the Russian ship carrying 50,000 tonnes of wheat reached Gwadar Port. The government started importing wheat from Russia after Pakistan witnessed a wheat shortage and the resultant flour crisis in the country
The price of wheat flour has reached an all-time high after the rates of 10- and 20-kilogramme flour bags rose by Rs50 and 20.
