Tridge summary
The Ministry of Domestic Trade and Consumer Affairs in Malaysia assures the public that the supply of wheat flour is stable and sufficient, despite a global price spike that has led to a reduction in the production of subsidised wheat flour. The ministry also confirmed that there is no panic in the market and that prices have only slightly increased by 10% to 30%. The government will continue to monitor the prices of mixed palm cooking oil, and consumers can report any traders selling the product at excessive prices.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
(Updates paragraph six) KUALA BERANG (June 5): The Ministry of Domestic Trade and Consumer Affairs (KPDNHEP) said the supply of wheat flour in the country is stable and sufficient, said its Deputy Minister Datuk Rosol Wahid. He said, however, for subsidised wheat flour, its production had to be reduced in the market due to the price spike at the global level. He added that the people should not panic because the supply of basic food in the market thus far was sufficient, but there was a slight increase in prices of between 10% to 30%. “In terms of supply, it is unaffected… only increase in prices, due to the Ukraine-Russia conflict and the cost of transportation that rose sharply. “As for subsidised wheat flour, a special wheat flour for B40 use, the reduction does not affect traders who make roti canai, kuih and so on,” he said after reviewing the Kedai Prihatin Sales programme here on Sunday (June 5). Meanwhile, Rosol said that the government would continue to monitor the price ...
Source: Theedgemarkets
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