Kitchenware prices show upward trend after ‘mini-budget’ adoption – Markets

ISLAMABAD: Following the approval of the amending budget in the National Assembly, the prices of the majority of essential kitchen items saw a further increase this week, compared to prices last week, according to a survey carried out through company registrar revealed here on Saturday.

The survey observed that the price of wheat flour saw an increase of Rs 90 per 15 kg bag in the wholesale market from Rs 1040 per bag to Rs 1130 per bag, which at retail is sold at Rs 1170 Rs per bag against Rs 1070 per bag a week ago. While the price of government sponsored 20kg bag of wheat flour has also increased from Rs 1140 per bag to Rs 1170 per bag.

The price of chilli powder has increased from Rs 450 per kg to Rs 500 per kg; however, the price of turmeric powder remained stable at Rs 400 per kg.

The survey further noted an increase in pulse prices, with the price of fine grade mash at the retail level jumping a further Rs 10 per kg from Rs 320 per kg to Rs 330 per kg. The price of the best quality lentils increased from Rs220 per kg to Rs230 per kg, the price of the best quality lentils remained stable at Rs300 per kg. The price of Masoor has increased from Rs 220 per kg to Rs 230 per kg, the price of the best quality whole gram has increased from Rs 220 per kg to Rs 230 per kg, but the price of moong has increased from Rs 170 per kg at Rs 155 per kg.

The price of sugar in the wholesale market remained stable at 4,500 rupees per 50 kg bag, but at retail, due to daily fluctuations, it fell from 95 rupees per kg to 100 rupees per kg. Prices for grade B cooking oil brands such as Phool have risen from Rs 4,500 per carton to Rs 4,550 per carton, which retails at Rs 300 per 900 gram pack, while prices for l Top quality cooking oil and ghee remained stable as top quality cooking oil brands such as Dalda were available at Rs 2,060 per 5 liter pack. Mustard oil saw an increase of Rs 50 per kg in retail from Rs 375 per kg to Rs 425 per kg.

The prices of ghee and cooking oil since December 2020 are on the rise as during this period the price of the best quality ghee/cooking oil saw an increase of Rs 165 per kg from Rs 250 per kg to Rs 415 per kg, while the price of Grade B ghee/cooking oil has increased by Rs140 per 900 gram pack from Rs160 to Rs300 per pack.

According to wholesalers, the uninterrupted rise in high-speed gasoline and diesel prices, which is a direct implication of the depreciation of the Pakistani rupee against the US dollar and other major world currencies, also plays a role of leading in the price increase of all daily newspapers. use items because rising fuel prices drive up transport costs, which are also passed on to end consumers. Traders said the fuel price increase had an immediate effect on the prices of vegetables and other edible products, as these products are transported daily.

During the week under review, the price of chicken witnessed a reduction of Rs 400 per 40 kg in the wholesale market from Rs 8,000 per 40 kg to Rs 7,600 per 40 kg, while in the retail, chicken is sold at Rs. 210 per kg compared to Rs. 220 per kg, and the price of chicken meat has dropped from Rs. 340 per kg to Rs. 330 per kg. Egg prices have seen an increase from Rs 5,250 per carton to Rs 5,350 per carton and in the retail market they are being sold at Rs 185 per dozen compared to Rs 195 per dozen.

The price of the best quality Basmati rice has increased from Rs 3,800 per 25 kg bag to Rs 4,250 per 25 kg bag, which retails at Rs 190 per kg from Rs 175 per kg.

Matchbox price has been increased from Rs3.5 per box to Rs4 per box.

The price of firewood is unchanged at Rs900 per 40kg and despite the fact the Oil and Gas Regulatory Authority has announced a reduction in Liquefied Petroleum Gas (LPG) prices, LPG dealers are still selling the commodity at Rs 270 per kg, while 15 kg LPG cylinder is sold at Rs3,400 per cylinder.

Overall vegetable prices have seen an upward trend as the price of potatoes has risen from Rs 230 per 5 kg to Rs 240 per 5 kg, which retails at Rs 55 per kg, the price of onions increased from Rs 175 per 5 kg to Rs 190 per 5 kg, which in retail is available at Rs 50 per kg from Rs 45 per kg, and the price of tomato increased from Rs 180 per 5 kg to Rs 200 rupees per 5 kg, which are retailed at 50 rupees per kg.

Copyright Business Recorder, 2022

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