Dry fruit prices touch new peak

Rising import figures demonstrate that demand for dry fruits is still strong despite price rise at the domestic level. — Reuters Photo

KARACHI: Like most commodities, the price trend in dry fruits touched new peak with the start of winters when their demand hikes. 

The steep price rise since 2007 has been attributed by traders to low production in the country and costlier imports because of the weakening of the rupee.

However, rising import figures demonstrate that demand for dry fruits is still strong despite price rise at the domestic level.