Sindh CM orders government wheat release to flour mills from Oct 1 to curb flour prices
AI Market Summary
Sindh plans to release government wheat to mills from Oct 1 and intensify anti-hoarding actions, while Pakistan's Trading Corporation tenders for 300k tonnes of imports. These steps increase near-term supply visibility and curb speculative tightness in flour markets, which can weigh on wheat-linked pricing locally and reduce upside risk from shortages. Market focus will be on execution, logistics, and landed import costs.
Impact level
● Low
Affected assets
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AI Insight · NCCOWHEAT2USD/USDTAI Insight
▼ Bearish
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Sindh Chief Minister Syed Murad Ali Shah has directed the Food Department to begin releasing government wheat to flour mills from October 1 to help stabilise flour prices across the province. Authorities have seized and reconciled 226,918 metric tonnes of wheat, and the Food Department has disbursed Rs2.855 billion against stock already lifted. Separately, the Trading Corporation of Pakistan has floated a tender to import 0.3 million metric tonnes of wheat.
