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Apr 26, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Markets » Cotton

Cotton falls amid market talk of China stockpile release
Cotton

Cotton falls amid market talk of China stockpile release

Cotton futures slipped over 2 percent Friday on rumours that world's top consumer China is preparing to auction off some of its vast stockpile of the natural fibre next month, potentially unleashing fresh supply on a saturated global market. Traders said
Published 20 Mar, 2016 12:00am
India 'not scared' if Monsanto leaves, as GM cotton row escalates
Cotton

India 'not scared' if Monsanto leaves, as GM cotton row escalates

US seed company Monsanto is welcome to leave India if it does not want to lower prices of genetically modified cotton seeds as directed by the government, a minister said on Wednesday, in a sign the rift between New Delhi and the firm is widening. The com
Published 20 Mar, 2016 12:00am
Tanzania current account deficit narrows in 2015 on cheaper oil
Exchange

Tanzania current account deficit narrows in 2015 on cheaper oil

Tanzania's current account deficit narrowed 38 percent to $3.13 billion last year despite a decline in gold exports, helped by lower global oil prices, the central bank said. The value of oil imports in East Africa's second-biggest economy slumped 28 perc
Published 20 Mar, 2016 12:00am
Monsanto shows interest in Bayer's crop science unit
Cotton

Monsanto shows interest in Bayer's crop science unit

Monsanto Co, the world's largest seed producer, has approached Bayer AG to express interest in its crop science unit, including a potential acquisition worth more than $30 billion, according to people familiar with the matter. The move underscores Monsant
Published 20 Mar, 2016 12:00am
Cotton market: prices make further gains on persistent demand
Cotton

Cotton market: prices make further gains on persistent demand

Cotton prices extended overnight gains amid short supply of quality lint in the process of trading, dealers said on Saturday. The official spot rate maintained rising trend for the second day, gaining further Rs 50 more at Rs 5,300, dealers said. In Sindh
Published 20 Mar, 2016 12:00am
Oil cake market rates
Cotton

Oil cake market rates

The March vaida showed weakness on the forward cottonseeds oilcake market on Saturday in the process of trading, dealers said. The March vaida closed at Rs 2050.50 and it commenced with a decline of 20 paisas at Rs 2050.30 in the early hours, they said.
Published 20 Mar, 2016 12:00am
Grain market rates
Cotton

Grain market rates

Karachi grain market rates in rupees on Saturday (March 19, 2016).

Published 20 Mar, 2016 12:00am
Trade policy framework approved by Prime Minister
Currency

Trade policy framework approved by Prime Minister

Prime Minister, Nawaz Sharif has reportedly approved Strategic Trade Policy Framework (STPF) 2015-18 after keeping the Commerce Ministry in waiting for several months, well informed sources told Business Recorder. The STPF envisages several incenti
Published 20 Mar, 2016 12:00am
Trade policy framework approved by Prime Minister
Currency

Trade policy framework approved by Prime Minister

Prime Minister, Nawaz Sharif has reportedly approved Strategic Trade Policy Framework (STPF) 2015-18 after keeping the Commerce Ministry in waiting for several months, well informed sources told Business Recorder. The STPF envisages several incenti
Published 20 Mar, 2016 12:00am
Trade policy framework approved by Prime Minister
Currency

Trade policy framework approved by Prime Minister

Prime Minister, Nawaz Sharif has reportedly approved Strategic Trade Policy Framework (STPF) 2015-18 after keeping the Commerce Ministry in waiting for several months, well informed sources told Business Recorder. The STPF envisages several incenti
Published 20 Mar, 2016 12:00am
Trade, investment: Iran ready to sign five year plan
Cotton

Trade, investment: Iran ready to sign five year plan

In a major breakthrough, Iran has expressed willingness to sign five year strategic plan for comprehensive trade and investment cooperation, beginning of talks on Free Trade Agreement (FTA) and consent for a single country exhibition, well informed source
Published 19 Mar, 2016 12:00am
Trade, investment: Iran ready to sign five year plan
Cotton

Trade, investment: Iran ready to sign five year plan

In a major breakthrough, Iran has expressed willingness to sign five year strategic plan for comprehensive trade and investment cooperation, beginning of talks on Free Trade Agreement (FTA) and consent for a single country exhibition, well informed source
Published 19 Mar, 2016 12:00am
Trade, investment: Iran ready to sign five year plan
Cotton

Trade, investment: Iran ready to sign five year plan

In a major breakthrough, Iran has expressed willingness to sign five year strategic plan for comprehensive trade and investment cooperation, beginning of talks on Free Trade Agreement (FTA) and consent for a single country exhibition, well informed source
Published 19 Mar, 2016 12:00am
BOARD MEETINGS
Cotton

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 19 Mar, 2016 12:00am
Cotton up for second straight session on dollar dive
Cotton

Cotton up for second straight session on dollar dive

Cotton futures rose slightly on Thursday to register the highest level in more than a week, boosted by a weaker dollar and higher commodity prices amid a positive export sales report. Outside factors, including the pretty big move in the dollar, strong st
Published 19 Mar, 2016 12:00am
Pakistan exporting gypsum to India through Wagah
Cotton

Pakistan exporting gypsum to India through Wagah

Commerce Minister Khurram Dastgir Khan on Friday informed the National Assembly that Pakistan is exporting 2700 metric tons of gypsum to India daily through Wagah border crossing from July last year to date. Gypsum is being exported to India in 'crushed l
Published 19 Mar, 2016 12:00am
Cotton market: strong demand by spinners help rates soar
Cotton

Cotton market: strong demand by spinners help rates soar

Prices showed steadier trend on the cotton market on Friday amid persistent demand by mills and spinners in the process of trading, dealers said. The official spot rate was up by Rs 50 to Rs 5,250, dealers said. In Sindh, seed cotton prices were at Rs 200
Published 19 Mar, 2016 12:00am
Daily trading report of PMEX
Exchange

Daily trading report of PMEX

On Thursday, at Pakistan Mercantile Exchange (PMEX), value traded was PKR 10,096 million. The number of lots traded was 52.76 million. PMEX Commodity Index closed at 2,726. Major business was contributed by gold amounting to PKR 9,581 million followed by
Published 19 Mar, 2016 12:00am
Cotton up on weak dollar, strength across commodities
Cotton

Cotton up on weak dollar, strength across commodities

Cotton futures rose slightly on Wednesday, touching its highest level in over a week, supported by a weaker dollar and an uptick in overall commodities. "The market is kind of sold out. Now it is just waiting for some momentum to get higher," said Peter E
Published 18 Mar, 2016 12:00am
Post-sanctions Iran opportunity
Cotton

Post-sanctions Iran opportunity

Pakistan is going to urge Iran to enter into a Free Trade Agreement (FTA) with Pakistan during the scheduled visit of Iranian President Hassan Rouhani, says a report in this newspaper. Both sides will also discuss progress on a five-year strategic plan fo
Published 18 Mar, 2016 12:00am
BOARD MEETINGS
Cotton

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 18 Mar, 2016 12:00am
Pakistan Mercantile Exchange - PMEX
Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Thursday (March 17, 2016).

Published 18 Mar, 2016 12:00am