KARACHI: Wheat importers have warned of an imminent supply gap of around 3 million tonnes and urged the government to allow immediate imports to prevent further price escalation and ensure market stability. This comes as the government maintains that current reserves are sufficient until the next harvest in early 2026 and continues to rule out imports.

In a letter addressed to Prime Minister Shehbaz Sharif, Cereal Association of Pakistan (CAP) Chairman Muzzamil A. Chappal called for the immediate import of at least 1.5m tonnes of wheat. He emphasised the importance of a transparent and inclusive import policy that is open to all stakeholders, thereby ensuring price stability and food security.

Mr Chappal said that restricting imports solely to flour mills would distort the market, as most millers lack the financial capacity to handle large shipments. He warned that such limitations could lead to price manipulation through quota trading or partnerships with........

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