Imported wheat fails to cut flour prices

KARACHI: Although the arrival of imported wheat has brought down prices in the open market, consumers continue to pay high prices for different varieties of flour and Roti. On Oct 28, when the first ship carrying 51,000 tonnes of wheat berthed at the port, wheat prices in the open market plunged to Rs130 from Rs140 per kilogram. Another ship carrying 58,132 tonnes is due at Karachi today (Tuesday). Wheat prices in the open market started fluctuating in the open market after arrival of the imported grain. Market stakeholders quoted different rates. According to wholesalers, the average price…