Price of Rice Falls Following Decreased Wheat and Flour Costs
Published on: June 24, 2024.
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The price of rice in Pakistan has experienced a significant drop of almost Rs60 per kg over the past two months, following the downward trend witnessed in wheat and flour prices. This decline can be attributed to the effective policies implemented by the Punjab government to stabilize the market.
Various types of rice have become more affordable, with prices decreasing by Rs50 to Rs60 per kg. Super Kainat rice, for example, now sells for Rs280 per kg, marking a decrease of Rs60. Similarly, Super Basmati rice is available for Rs210 per kg, which is Rs50 cheaper. Additionally, Super Kernal rice is now priced at Rs270 per kg, reflecting a Rs50 reduction.
Rice market sources state that the price of rice has been consistently declining over the past two months. This can be attributed to a combination of favorable rice harvests in the previous season and the implementation of effective government policies, which have successfully eliminated artificial inflation in the market.
These sources further predict that the current price level of rice is likely to be maintained in the market for the next few weeks, providing consumers with continued affordability and stability.
For more information about rice exporters from Pakistan, rice suppliers, and Pakistani rice prices, visit [HasRice.com](https://www.hasrice.com).
Source: [UrduPoint](https://www.urdupoint.com)
