AIRLINK 156.75 Increased By ▲ 1.37 (0.88%)
BOP 10.02 Increased By ▲ 0.33 (3.41%)
CNERGY 7.11 No Change ▼ 0.00 (0%)
CPHL 84.49 Increased By ▲ 0.42 (0.5%)
FCCL 44.91 Increased By ▲ 1.47 (3.38%)
FFL 14.97 Increased By ▲ 0.18 (1.22%)
FLYNG 33.34 Increased By ▲ 3.03 (10%)
HUBC 135.61 Decreased By ▼ -0.63 (-0.46%)
HUMNL 12.70 Increased By ▲ 0.19 (1.52%)
KEL 4.16 Increased By ▲ 0.14 (3.48%)
KOSM 5.07 Increased By ▲ 0.05 (1%)
MLCF 72.00 Increased By ▲ 2.56 (3.69%)
OGDC 200.80 Decreased By ▼ -2.45 (-1.21%)
PACE 5.03 Decreased By ▼ -0.03 (-0.59%)
PAEL 43.63 Increased By ▲ 1.13 (2.66%)
PIAHCLA 16.79 Increased By ▲ 0.22 (1.33%)
PIBTL 8.73 Decreased By ▼ -0.06 (-0.68%)
POWER 15.24 Increased By ▲ 1.31 (9.4%)
PPL 148.98 Decreased By ▼ -1.85 (-1.23%)
PRL 29.75 Increased By ▲ 0.84 (2.91%)
PTC 20.80 Increased By ▲ 0.07 (0.34%)
SEARL 83.74 Decreased By ▼ -0.30 (-0.36%)
SSGC 40.19 Decreased By ▼ -0.06 (-0.15%)
SYM 15.00 Increased By ▲ 0.17 (1.15%)
TELE 6.99 Increased By ▲ 0.01 (0.14%)
TPLP 8.38 Increased By ▲ 0.11 (1.33%)
TRG 63.70 Decreased By ▼ -0.35 (-0.55%)
WAVESAPP 8.90 Increased By ▲ 0.33 (3.85%)
WTL 1.33 Increased By ▲ 0.06 (4.72%)
YOUW 3.44 Increased By ▲ 0.02 (0.58%)
AIRLINK 156.75 Increased By ▲ 1.37 (0.88%)
BOP 10.02 Increased By ▲ 0.33 (3.41%)
CNERGY 7.11 No Change ▼ 0.00 (0%)
CPHL 84.49 Increased By ▲ 0.42 (0.5%)
FCCL 44.91 Increased By ▲ 1.47 (3.38%)
FFL 14.97 Increased By ▲ 0.18 (1.22%)
FLYNG 33.34 Increased By ▲ 3.03 (10%)
HUBC 135.61 Decreased By ▼ -0.63 (-0.46%)
HUMNL 12.70 Increased By ▲ 0.19 (1.52%)
KEL 4.16 Increased By ▲ 0.14 (3.48%)
KOSM 5.07 Increased By ▲ 0.05 (1%)
MLCF 72.00 Increased By ▲ 2.56 (3.69%)
OGDC 200.80 Decreased By ▼ -2.45 (-1.21%)
PACE 5.03 Decreased By ▼ -0.03 (-0.59%)
PAEL 43.63 Increased By ▲ 1.13 (2.66%)
PIAHCLA 16.79 Increased By ▲ 0.22 (1.33%)
PIBTL 8.73 Decreased By ▼ -0.06 (-0.68%)
POWER 15.24 Increased By ▲ 1.31 (9.4%)
PPL 148.98 Decreased By ▼ -1.85 (-1.23%)
PRL 29.75 Increased By ▲ 0.84 (2.91%)
PTC 20.80 Increased By ▲ 0.07 (0.34%)
SEARL 83.74 Decreased By ▼ -0.30 (-0.36%)
SSGC 40.19 Decreased By ▼ -0.06 (-0.15%)
SYM 15.00 Increased By ▲ 0.17 (1.15%)
TELE 6.99 Increased By ▲ 0.01 (0.14%)
TPLP 8.38 Increased By ▲ 0.11 (1.33%)
TRG 63.70 Decreased By ▼ -0.35 (-0.55%)
WAVESAPP 8.90 Increased By ▲ 0.33 (3.85%)
WTL 1.33 Increased By ▲ 0.06 (4.72%)
YOUW 3.44 Increased By ▲ 0.02 (0.58%)
BR100 12,171 Increased By 10.4 (0.09%)
BR30 35,513 Increased By 156.8 (0.44%)
KSE100 114,415 Increased By 300.7 (0.26%)
KSE30 34,911 Decreased By -6.5 (-0.02%)

NEW DELHI/MUMBAI: India will provide 3 million tonnes of wheat to bulk consumers such as flour millers, as part of efforts to bring down prices, which jumped to a record high on Wednesday, a government official told Reuters.

The allocation is more than traders’ expectations of around 2 million tonnes. The market was waiting for government permission for nearly two months as supplies dwindled at the tail end of the wheat marketing year even as demand surged.

“There’s this consensus that bulk users will be allowed to buy up to 3 million tonnes of wheat from government stocks,” said the official who did not wish to be named in line with official rules.

Comments

Comments are closed.