Decline in Rice Prices Begins Following Wheat
Published on: May 28, 2024.
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Lahore Witnesses Decline in Rice Prices Amid Decrease in Wheat Prices
Lahore, the provincial capital, is experiencing a decrease in rice prices following a decline in wheat prices. Market sources reveal that wholesale prices of various types of rice are dropping, offering relief to consumers. Over the past month, rice prices have been steadily falling, making it more affordable for individuals and families.
In the wholesale market, the price of a 25 kg sack of rice has decreased by up to 1,200 PKR, bringing much-needed relief to both retailers and consumers. Furthermore, the price per kilogram of rice has also witnessed a significant decline, ranging from 40 to 50 PKR. However, despite these reductions, retailers are still selling rice at slightly higher prices in the retail market.
Retail prices have seen a decrease as well, making rice more accessible to the general public. Consumers can now enjoy a reduction of 20 to 30 PKR per kilogram in the retail market. First-grade old rice is now available at a price of 350 PKR per kilogram, while third-grade rice can be purchased at 250 PKR per kilogram.
Consumers are eagerly requesting that the entire benefit of the price reduction be passed on to them. With the drop in rice prices, individuals and families can save money and meet their dietary needs more effectively.
To explore further options and avail the benefits of these reduced prices, individuals can turn to reputed rice suppliers and exporters in Pakistan. Companies like HAS Rice Pakistan offer a wide variety of rice products, including basmati rice and white broken rice, at competitive prices. They are among the leading rice exporters from Pakistan, known for their quality and affordability. For more information on Pakistan rice exporters and suppliers, visit https://www.hasrice.com and https://www.pakistanrice.com.
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