Roti canai in the country is currently selling around RM1.20 to RM1.70 a piece, but these prices may soon no longer exist as prices are expected to increase.
Speaking to FMT, Malaysian Indian Muslim Restaurant Owners Association (Presma) president Jawahar Ali Taib Khan said that the price of wheat flour had been on the rise way before India’s export ban.
He shared that a 25kg sack of wheat flour now costs RM65 as compared to RM45 previously.
“If this is not controlled, I am afraid there will be a slight increase in the price of wheat-based products by Presma’s 9,000 members.”
“I’m also worried that wholesalers will start hoarding wheat flour to raise prices gradually but Presma members will do their best to not do so,” he said.
To make the situation worse, Jawahar said that there is a shortage of supply at retail outlets.
Despite the Ministry of Domestic Trade and Consumer Affairs’ (KDPNHEP) assurance that India’s recent ban on wheat export will not affect Malaysia’s commodity supply as 80% of it is imported from Australia while the rest is from the US, Canada and Ukraine, the price hike still came as a shock for many.
He then urged the government to come up with a solution for the problem and suggested that the government widens the list of wheat-producing countries Malaysia would import from.
Malaysian Indian Restaurant Owners Association (Primas) president J Suresh also said the price hikes will affect restaurants too. “Although restaurants have increased their prices recently, there is a possibility of a further price hike,” he said.
Alternatively, they might be forced to look for other alternatives to wheat flour if prices continue to climb.