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THE recent price flare-up on the Karachi wholesale commodity markets was well sustained for the eighth consecutive week last week as demand far outhweighted the supplies.
Rice sector again led the list of major gainers where prices rose in unison amid reports of shortage of ready stocks, IRRI types being the top gainers whose prices spurted by Rs500 per bag of 100 kg.
Prices of most of the essential items soared to their fresh higher levels under the lead of rice and some type of pulses despite reports of steady arrivals from upcountry trading centres and release of sufficient stocks by importers.
Rice sector again led the list of major gainers where prices rose in unison amid reports of shortage of ready stocks, IRRI types being the top gainers whose prices spurted by Rs500 per bag of 100 kg.
Prices of most of the essential items soared to their fresh higher levels under the lead of rice and some type of pulses despite reports of steady arrivals from upcountry trading centres and release of sufficient stocks by importers.
