KUALA LUMPUR: The lack of provide of wheat flour available in the market as reported is because of a particular brand being in excessive demand and never as a consequence of India’s motion to limit wheat exports to the worldwide market.
Minister of Domestic Trade and Consumer Affairs Datuk Seri Alexander Nanta Linggi stated the nation solely imported 15% of its wheat provide from India, the United States and Ukraine whereas the remaining was from Australia.
“If there’s a provide disruption, it could be as a result of of the excessive demand for a sure brand and since of that, it runs out shortly. We haven’t detected any scarcity of wheat flour available in the market; we’ve not obtained any grievance lodged on to the Ministry of Domestic Trade and Consumer Affairs.
“We get data from the media and we examine, for instance in Melaka, there are solely remoted instances and never complete (nationwide),” he informed reporters after attending the Companies Commission of Malaysia’s Salam Aidilfitri 2022 occasion.
He additionally defined that to date, the lack of wheat flour provide is just not crucial however the ministry continues to watch.
Meanwhile, Nanta stated that if there was a rise within the worth of wheat flour, it was not from a subsidised provide as a result of the subsidised wheat flour remained at RM1.35 per kilo.
He stated the nation recorded consumption of subsidised wheat flour of 100,000 tonnes a 12 months, whereas non-subsidised round 192,959 tonnes.
Nanta additionally stated that merchants who have been discovered to be rationing flour provides would face authorized motion underneath the Price Control and Anti-Profiteering Act 2011.
He stated the ministry would introduce an initiative to make it simpler for customers to determine subsidised merchandise available in the market, thus stopping merchants from elevating the worth of items arbitrarily. – Bernama
