Petroleum, sugar & cooking oil rates fall in Kabul

KABUL (Pajhwok): Prices of petroleum products, sugar and cooking oil declined while the Arabian gold rate increased in Kabul this weekend.

8.4pc cut in petroleum product rates

A worker of the Ahmad Yar Group Petrol Station told Pajhwok Afghan News on Saturday the price of one litre of petrol fell to 80afs from last week’s 92afs and the same quantity of diesel to 71afs from 75afs.

Mohammad Sharif, a gas seller in the Kalola Pushta area of Kabul said the price of one kilogram of gas gell from last week’s price of 88 afs to 85 afs.

Sugar, cooking oil rates decline

Zmarai Safi, head of the Food Traders’ Association, said the wholesale price of a 49-kilogram bag of Indian sugar declined from last week’s 3,500 afs to 3,300 afs and a 16-litre cane of Malaysian cooking oil from 2,850 afs to 2,700 afs.

Zmarai said the reason behind the price decrease was a surge in imports of these commodities and the resultant fall in demand.

He, however, said the wholesale price of a 49-kilogram sack of Kazakh flour stood unchanged at 2,400afs, a 24-kilogram bag of Pakistani rice at 2,500afs, one kilogram of Indonesian green tea at 430afs and the same quantity of African black tea at 440afs.

Retail prices of some commodities varied. Retailer Hamid Sufizada in Dahna-i-Bagh area said the retail price of a 49-kilogram bag of Kazakh flour was 2,450afs, a 24-kilogram sack of Pakistani rice 2,550afs, a 49-kilogram bag of Indian sugar 2,450afs, a16-litre cane of Malaysian cooking oil 2,750afs, one kilogram of Indonesian green tea 430afs, and one kilogram of African black tea 240afs.

Surge in gold price

Mohammad Javid, a jeweler in Lecce Maryam Market, said the price of one gram of Arabian gold surged from last week’s rate of 4,500afs to 4,600afs. The price of one gram of Russian gold remained stable at 3,600afs.

The rise in the price of Arabian gold was linked to the soaring trend in the global market.

Haji Hussain Malik, moneychanger in Sarai Shahzada, said one US dollar accounted for 102afs and 1000 Pakistan rupees for 530afs.

nh/mud

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