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The fertilizer off-take remained subdued during January-July of CY14 with 6 percent (year-on-year) production growth. According to National Fertiliser Development Centre (NFDC) statistics released for July-14 and CY14, urea off-take showed a slight decline of 1 percent YoY to 4.197 million tons in first seven months of this calendar year against 4.233 million tons in the same period last year.

All the 10 members of Rice Exporters Association of Pakistan's (REAP) managing committee have been elected unoppposed for the year 2014-2016. An official of REAP said that three of the four members elected from South Zone's corporate class are Rafique Suleman, Muhammad Raza and Noman Ahmed Sheikh and they belonged to Karachi, while Abdul Rehman Shah has been elected from Quetta.
On Friday at Pakistan Mercantile Exchange (PMEX) value traded was recorded at PKR 3.158 billion as compared to PKR 2.224 billion registered on Wednesday, up by 42.02 percent. The number of lots traded was 15,144 and PMEX Commodity Index closed at 3,015. Major business was contributed by crude oil amounting to PKR 2.130 billion - up 72 percent, followed by gold amounting to PKR 848 million and silver at PKR 180 million - up 70 percent.
The price of live chicken which was being sold at Rs 150 per kg last week has come down to Rs 120 per kg; however, the eggs' prices are still at Rs 110 per dozen. While talking to APP, Dr Hassan Sarosh Chairman of Pakistan Poultry Association (PPA) on Friday attributed the hike in price of eggs is decrease in production of the commodity.
Punjab Agriculture Department (PAD) advised the growers to select sugar cane variety for September sowing keeping in view their production capability and resistance against pests and diseases. A spokesman of the Department said here on Thursday that during the year 2013-14, sugar cane was planted over 18.70 million acres of land in the province and a production of 43.7 million tons was attained thus registering an average production of 626.1 maund per acre while some progressive farmers were getting very high production.
On Thursday at Pakistan Mercantile Exchange (PMEX) value traded was recorded at PKR 2.224 billion as compared to PKR 2.049 billion registered on Wednesday, up by 8.55 percent. The number of lots traded was 13,453 and PMEX Commodity Index closed at 2,994. Major business was contributed by crude oil amounting to PKR 1,237 million, followed by gold amounting to PKR 881 million - up 38 percent and silver at PKR 105 million - up 17 percent.
Stakeholders from meat sector at a consultative meeting held at the University of Veterinary and Animal Sciences Lahore discussed various steps to enhance meat export. Secretary Livestock and Dairy Development Department Punjab Nasim Sadiq and UVAS Vice Chancellor Professor Dr Talat Naseer Pasha chaired the meeting while officials from the Livestock and Dairy Development department, livestock farmers and office-bearers of the All Pakistan Meat Exporters and Processors Association (APMEPA) attended the meeting.

 



 
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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.311 bln
Exports $2.027 bln
Imports $4.338 bln
WeeklyAugust 28, 2014
Reserves $13.582 bln