Rate of Pakistani wheat highest in world
LAHORE - Pakistan Flourmills Association has suggested the government to export flour instead of wheat as rates of Pakistani wheat according to international market are highest.
Chairman Pakistan Flourmills Association Punjab Liaqat Ali Khan stated this in a press statement issued here on Friday. He commented that purchasing rates of wheat in the international markets are lower as compared to Pakistani wheat.
Wheat exporting countries are supplying wheat in the range of 160 US dollars to 200 dollars per ton in the international market. He said that as compared to the rates of other countries, rates of Pakistani wheat are about 302 dollars per ton to 350 dollars per ton including transportation expenditures according to international market. He said that decision to export wheat would cause huge loss.
He said that the flourmills could earn billions of rupees for the country particularly for the Punjab in case government agrees to give 50 to 60 dollars rebate to the flourmill industry against per ton of flour.
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