Wheat prices in Punjab have significantly decreased by Rs. 300 per maund. Contrary to expectations of a price hike, local wheat prices unexpectedly fell before July 15. This decline comes ahead of a nationwide strike called by the Flour Mills Association.
Before the strike, mill owners in northern and central Punjab were selling wheat at Rs. 3,400 per 40 kilograms. However, by July 15, the open market rates had dropped below Rs. 3,100 per 40 kilograms, providing much-needed relief to millions across Punjab.
Read more: Federal Govt Halts Wheat Trade to Stabilize Market
This decrease in wheat prices is a positive development for consumers who rely heavily on wheat products. It has the potential to ease financial pressures amid prevailing economic challenges, offering a respite to many families in the region.
