Both the futures were down on the forward cottonseeds oilcake market on Tuesday in the process of trading, dealers said. The May vaida closed at Rs 2047.00 but opened with 20 paisas fall at Rs 2046.80 in morning session, they said. The July vaida settled
Bulls persisted on the cotton market on Tuesday as prices hit new high at Rs 6000 on rising demand by mills and spinners, dealers said. The official spot rate was unchanged at Rs 5,650 dealers said. In the Punjab, seed-cotton prices were at Rs 3100 and Rs
Cotton futures rose on Monday, snapping two days of losses, supported by a weaker dollar and strength across agricultural commodities amid concerns over tightening stocks of the natural fibre. "We have seen an influx of money in the commodities sector. I
Total potential trade between Pakistan and Mozambique, based on 2014's trade patterns was estimated at $1.68 billion (excluding petroleum products). A report of Pakistan Business Council (PBC) on Africa Country Series-Republic of Mozambique was issued her
The May vaida remained down and July contract was unchanged on the forward cottonseeds oilcake market on Monday in the process of trading, dealers said. The May vaida closed at Rs 2047.10 but opened with 10 paisas fall at Rs 2047.00 in morning session, th
Rates heading towards season's high on the cotton market on Monday on tight supply of quality lint, dealers said. Just in a single day rally, the official spot rate gained Rs 100 to Rs 5,650 dealers said. In the Punjab, seed-cotton prices were at Rs 3000
Prices moved both ways on the wholesale grain market on Monday in the process of modest trading, dealers added. On the cereals side, Moong Punjab was higher by Rs 500 to Rs 10500, Urad Burma, however, lost Rs 500 to Rs 7500, wheat new Bardan picked up Rs
On Friday, at Pakistan Mercantile Exchange (PMEX), value traded was PKR 10,346 million. The number of lots traded was 54.93 million. PMEX Commodity Index closed at 2,789. Major business was contributed by gold amounting to PKR 9,586 million followed by cr
Chief of Jamaat-e-Islami, Pakistan, Senator Sirajul Haq called for granting interest free loans to the growers for the Kharif crop so that they were able to cultivate cotton, maize and paddy on time. He suggested the fixation of raw cotton price at Rs 400
Punjab Food Minister Bilal Yasin inaugurated the wheat procurement drive on Monday. The minister while addressing a press conference held at Multan Circuit House has said the government would procure four million metric ton of wheat this year and it would
Pakistan equities ended almost flat at 33,740, losing 0.08 percent or 28 points during the week that ended on April 22. With foreign selling settling at $28.2 million compared to last week's $1.46 million, the trading volume averaging 26 percent higher on
Pakistan equities ended almost flat at 33,740, losing 0.08 percent or 28 points during the week that ended on April 22. With foreign selling settling at $28.2 million compared to last week''s $1.46 million, the trading volume averaging 26 percent higher o
Pakistan equities ended almost flat at 33,740, losing 0.08 percent or 28 points during the week that ended on April 22. With foreign selling settling at $28.2 million compared to last week's $1.46 million, the trading volume averaging 26 percent higher on
Arif Qureshi is the third-time Chairman of the Pakistan Vanaspati Manufacturer's Association and has been with the PVMA since 1987. He is the CEO of Mahboob Industries Pvt. - the producers of Shan Vanaspati and cooking oil. He is also the President of the
Arif Qureshi is the third-time Chairman of the Pakistan Vanaspati Manufacturer's Association and has been with the PVMA since 1987. He is the CEO of Mahboob Industries Pvt. - the producers of Shan Vanaspati and cooking oil. He is also the President of the
Disclosure and identification of offshore companies by Pakistan's citizens outside Pakistan by papers leaked from a Panama entity have raised many questions in respect of prevalent taxation regime in Pakistan. In my first article on this subject, carried
Burkina Faso, Africa's top cotton producer and the sole West African nation to venture into biotech farming, is dropping genetically-modified (GM) cotton on quality grounds. The world's 10th largest cotton producer, with four of its 19 million people depe
Official spot rate recovered more ground on the cotton market on Saturday in the process of tight supply of quality lint, dealers said. The official spot rate was higher by Rs 50 to Rs 5,550 dealers said. In the Punjab, seed-cotton prices were at Rs 3000
A lean business was seen on the wholesale grain market on Saturday due to lack of buying interest among leading participants, dealers said. On the rice sector, Irri-6 Sindh rose by Rs 100 to 3160-3225, other types did not move any side in the process of t