Two ships with 115,500 tonnes of wheat arrive

Published November 28, 2020
PRIVATE sector has so far imported 1.2m tonnes of wheat from Ukraine, Russia and Germany.
PRIVATE sector has so far imported 1.2m tonnes of wheat from Ukraine, Russia and Germany.

KARACHI: Two vessels Densa Jaguar and Scarlet Lady carrying 52,500 and 63,000 tonnes of wheat, respectively, were berthed at the Karachi Port and Port Qasim on Friday, the Trading Corporation of Pakistan (TCP) said.

With the arrival of these two vessels, the TCP has so far imported a total of 391,625 tonnes of wheat into the country, the press release said.

The TCP began importing wheat from September onwards whereas the private sector had initiated imports from the last week of August.

Data issued by the Pakistan Bureau of Statistics showed that the country has imports around 898,904 worth $214 million tonnes of wheat into the country between the July to October. The average per tonne price of imported wheat was $238.

However, consumers have so far not witnessed any big relief despite massive imports of wheat by the private sector and the government as flour millers in Sindh had cut price of various flour varieties by just Rs7 per kg in the last week of October.

A number of retailers are, however, still selling various varieties of flour at Rs70 per kg.

Cereal Association of Pakistan Chairman Muzzamil Chappal said the private sector had so far imported 1.2 million tonnes of wheat from Ukraine, Russia and Germany which at least helped in containing further hike in flour prices.

Published in Dawn, November 28th, 2020

Opinion

Long arm of Big Tech
20 Jan 2021

Long arm of Big Tech

How many people would still be alive if Twitter and Facebook had denied Trump a platform to spread lies about Covid-19 a year ago?
Words, words, words
19 Jan 2021

Words, words, words

There was little in terms of contributions in our own language as we wrestled with the pandemic.

Editorial

Updated 20 Jan 2021

Broadsheet judgement

There are plenty of skeletons in the Broadsheet cupboard and they must be brought out into the open.
20 Jan 2021

Unequal justice

IT seems no one wants to testify against former SSP Malir, Rao Anwar. At least five prosecution witnesses, all ...
20 Jan 2021

Schools reopening

THE disruptive impact of Covid-19 on education will be felt for years to come. For countries like Pakistan, where...
Updated 19 Jan 2021

LNG contracts

It is important for industry to reconnect with the national grid and for gas to be allocated for more efficient uses.
19 Jan 2021

Murdered judges

THE continuous violence in Afghanistan has raised serious questions about the sustainability of the peace process, ...
19 Jan 2021

K2 feat

A TEAM of 10 Nepalese mountaineers made history over the weekend as they scaled the world’s second highest peak K2...