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No respite for common man? After wheat and flour, now prices of maida soar -Harpreet Bajwa

-The New Indian Express

The market buzz is that at Kandla port in Gujarat, from where maida is traded abroad, the price has touched around Rs 3,000 per quintal.

CHANDIGARH: The prices of maida (refined wheat flour) are soaring due to escalating international prices following the Ukraine conflict. The result is bakery products such as bread and biscuits could be costlier soon.

Sources said the price of wheat has touched Rs 2,350 per quintal in Punjab from Rs 2,260 last month. The flour millers believe that sellers would not step in the market until prices touch around Rs 2,450.

This has affected the maida price, which hovers around Rs 2,800 per quintal in Punjab against Rs 2,500 a month before.

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