Wheat price in Pakistan touches all-time high

Wheat price touched a historic high of Rs2400 per 40kg for the first time in the history of Pakistan, The News reported on Tuesday.

Last December the country had faced a severe situation when the wheat had been sold at the rate of Rs2000 per 40kg but the price of the commodity reached Rs2400 per 40kg on October 5 before the advent of December, the publication reported.

All Pakistan Flour Association has demanded the federal and provincial governments to immediately announce official purchase price of wheat as harvesting of wheat has started in Sindh and the same would start in Punjab in November.