Wheat crackdown pushes prices down in Sindh
Government crackdowns on wheat hoarding in Sindh, Pakistan, have led to a decrease in grain prices following a period of significant inflation. Authorities recovered 85,000 tonnes of wheat, helping to stabilize the market for consumers.
Why it matters
Food security and price stability are critical issues in Pakistan, where hoarding by influential sectors often exacerbates cost-of-living crises.
A worker handles flour before packing at a mill. Food department has recovered 85,000 tonnes in anti-hoarding drive.—Photo by Umair Ali Listen to article 1x 1.2x 1.5x comments Join our Whatsapp Channel Add Dawn as a trusted source HYDERABAD: Recent, albeit belated, government action against wheat hoarding has triggered a downward trend in grain prices in Sindh.
An unrelenting surge in wheat prices in the open market forced the government to pull up its socks and launch a crackdown to ensure the availability of flour at affordable prices for consumers, who are already burdened by high fuel costs.
Following the crackdown, wheat prices have fallen to around Rs10,800 per 100kg from Rs11,800 a few days earlier, according to a Hyderabad-based chakki owner.
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