Flour prices may dip as wheat rates start declining
LAHORE: Flour prices, if left to the market dynamics alone, are likely to drop as rates of wheat in the open market have begun to slide...
Wheat rates, even during the harvesting season, had crossed the mark of Rs2,200 per maund (40kg) despite a much better than expected crop this year, and market pundits were expecting the prices to go further up in the later months, like in the last year when grain had vanished from the open market...