Pakistan Wheat Imports May Stabilize Domestic Market

Pakistan's domestic wheat market may see some support from high import prices, according to UkrAgroConsult. Local traders and flour millers expect imports to curb further price increases rather than trigger a significant decline in prices.

The Trading Corporation of Pakistan is holding a tender to purchase 750 thsd tons of 2026-crop wheat on CFR Karachi and/or Gwadar terms, with nine international companies participating in the tender. Imported wheat is currently being offered at around $320-325/t, which could reach around 100-101 rupees/kg after freight, port charges, and other import costs are included.

Domestic wheat and flour prices in Pakistan have already risen sharply due to tight supply. In July, wheat in Punjab was trading at around 4.3-4.5 thsd rupees per maund, while higher raw material costs continued to support flour and bread prices in September.