The Chairman, Securities & Exchange Commission of Pakistan (SECP) Zafar Hijazi, along with his team, visited the Pakistan Mercantile Exchange (PMEX) on Wednesday to discuss issues hindering the swift launch of various agricultural commodities at PMEX.
Senate Standing Committee on National Food Security and Research on Wednesday decided to bring in a private member bill for setting up of Federal Agriculture Price Commission aimed at providing relief to small farmers and strengthen the country's agricult
Bajra and seeds prices were higher on the wholesale grain market on Wednesday in the process of trading, dealers said. On the grams side, Bajra low quality was higher by Rs 200 to Rs 3100 while the best type was unchanged at Rs 4600, they said.
Trading activity improved modestly on the cotton market on Wednesday ahead of the Pakistan Cotton Ginners Association (PCGA) fortnightly report, dealers said. The official spot rate resisted further erosion, holding overnight rate at Rs 5,200, dealers sai
An upward trend persisted on the forward cottonseeds oilcake market on Wednesday as the March vaida sustained firmness in the process of trading, dealers said. The March vaida closed on Tuesday at Rs 2051.60 and it commenced with a gain of 80 paisas at Rs
On Tuesday, at Pakistan Mercantile Exchange (PMEX), value traded was PKR 4,827 million. The number of lots traded was 19.26 million. PMEX Commodity Index closed at 2,628. Major business was contributed by gold amounting to PKR 4,235 million followed by cr
Cotton futures fell in muted trading on Tuesday as prices hovered near the prior session's 6-1/2 year low. On Monday, cotton futures pared losses after falling to the lowest since June 2009 due to worries over demand in China, which had sparked selling ea
Cotton futures fell for a fourth straight session on Monday to the lowest since June 2009, as worries over demand in the world's top consumer China sparked selling early in the session and stop-loss orders exaggerated the day's declines. "Fundamentals are
A few changes were seen on the wholesale grain market on Tuesday in the process of trading, dealers said. On the cereals side, Moong Afghan was lower by Rs 500 to Rs 10750, Barley Sindh and Mardan lost Rs 50 to Rs 3700, other commodities did not show any
Prices continued to decline for the second day on the cotton market on Tuesday amid restricted buying by spinners and mills, dealers said. The official spot rate shed further Rs 50 to Rs 5,200, dealers said. In Sindh, seed cotton prices were at Rs 1500-27
The March vaida managed to recover it's losses on the forward cottonseeds oilcake market on Tuesday in the process of trading, dealers said. The March vaida closed on Monday at Rs 2050.80 and it commenced with a gain of 80 paisas at Rs 2051.60 in the earl
On Monday, at Pakistan Mercantile Exchange (PMEX), value traded was PKR 4,433 million. The number of lots traded was 19.13 million. PMEX Commodity Index closed at 2,614. Major business was contributed by gold amounting to PKR 3,817 million followed by cru
The Ministry of Textile Industry and its attached departments are at loggerhead over a new proposed legislation aimed at overriding multiple laws and ordinances under Ministry's administrative control, it is learnt. The government in February 2015 announc
The Ministry of Textile Industry and its attached departments are at loggerhead over a new proposed legislation aimed at overriding multiple laws and ordinances under Ministry's administrative control, it is learnt. The government in February 2015 announc
The Ministry of Textile Industry and its attached departments are at loggerhead over a new proposed legislation aimed at overriding multiple laws and ordinances under Ministry''s administrative control, it is learnt. The government in February 2015 announ
About the company: The leading player in synthetic textiles, Ibrahim Fibres Limited (PSX:IBFL) is one of the largest producers of polyester in the country. With nearly Rs17 billion in market capitalisation, the company takes its place in the KSE100
About the company: The leading player in synthetic textiles, Ibrahim Fibres Limited (PSX:IBFL) is one of the largest producers of polyester in the country. With nearly Rs17 billion in market capitalisation, the company takes its place in the KSE100
A sluggish business activity was witnessed on the wholesale grain market on Monday in the process of trading, dealers said. On the grams side, yellow peas Russia was lower by Rs 125 Rs 4275, other commodities did not show any visible change on less buying
An easier trend prevailed on the cotton market on Monday following the lack of less buying interest by spinners and mills, dealers said. The official spot rate was down by Rs 50 to Rs 5,250, dealers said. In Sindh, seed cotton prices were at Rs 1500-2700,
The March vaida managed to recover it's losses on the forward cottonseeds oilcake market on Monday in the process of trading, dealers said. The March Vaida closed on Saturday at Rs 2051.00 and it commenced with 90 paisa appreciation at Rs 2051.90 in the e