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Former bonded labourers demand government announce land reforms
Cotton

Former bonded labourers demand government announce land reforms

A large number of freed bonded labourers, hailing from different Hari camps around Kotri, Hyderabad Umerkot, Sanghar and other areas of Sindh participated in a rally on Tuesday (yesterday) to highlight demands of implementation of land reforms, setting up
Published 17 Feb, 2016 12:00am
Daily trading report of PMEX
Exchange

Daily trading report of PMEX

On Friday, at Pakistan Mercantile Exchange (PMEX), value traded was PKR 4,428 million. The number of lots traded was 17.45 million. PMEX Commodity Index closed at 2,607. Major business was contributed by gold amounting to PKR 3,575 million followed by cru
Published 16 Feb, 2016 12:00am
Subdued business seen on cotton market
Cotton

Subdued business seen on cotton market

A kind of dullness prevailed on the cotton market on Monday leading spinners remained on the sideline due to lack of buying interest, dealers said. The official spot rate was unchanged at Rs 5,350, dealers said. In Sindh, prices of seed cotton at Rs 1600
Published 16 Feb, 2016 12:00am
Oil cake market rates
Cotton

Oil cake market rates

Falling trend was again witnessed on the forward cottonseeds oilcake market on Monday as the March Vaida drifted lower in the proccess of trading, dealers said The March Vaida closed on Saturday at Rs 2050.30 and it commenced with no any visible change in
Published 16 Feb, 2016 12:00am
Grain market rates
Cotton

Grain market rates

Karachi grain market rates in rupees on Thursday (February 11, 2016).

Published 16 Feb, 2016 12:00am
Pakistan being looked as attractive destination: Spanish envoy
Cotton

Pakistan being looked as attractive destination: Spanish envoy

The Spanish Ambassador Carlos Morales has said that Pakistan is very much on the world radar and a large number of leading business groups are looking it as an attractive business destination. Speaking at the Lahore Chamber of Commerce and Industry here M
Published 16 Feb, 2016 12:00am
Kharif crops: PPCBL allocates Rs 2.5 billion advances
Cotton

Kharif crops: PPCBL allocates Rs 2.5 billion advances

The Punjab Provincial Co-operative Bank Ltd has allocated Rs 2.5 billion for advancing agriculture loans for sowing, growing and maturing Kharif crops including cotton, rice, sugarcane, fodder, summer vegetables and fruit orchards. This was stated by Pres
Published 16 Feb, 2016 12:00am
Non-release of refunds: exporters postpone protest
Cotton

Non-release of refunds: exporters postpone protest

The exporters have postponed their protest against non-release of multiple tax refunds, accumulating to the tune of Rs 343 billion, which they said has badly hit the industrial production. The associations of five export sectors on Monday announced to pos
Published 16 Feb, 2016 12:00am
PCGA presents suggestions on how to achieve cotton target
Cotton

PCGA presents suggestions on how to achieve cotton target

Pakistan Cotton Ginners Association (PCGA) has presented suggestions for achieving the target of 20 million bales of cotton during the season 2016-17. Speaking to the media persons on Sunday, Nawab Shehzad Ali Khan, Chairman, PCGA, said that the agricultu
Published 15 Feb, 2016 12:00am
Hope for the best but plan for the worst
Exchange

Hope for the best but plan for the worst

At a meeting with some leading businesspeople of the country on Saturday, Prime Minister Nawaz Sharif reportedly agreed to higher export-led growth instead of consumption-led growth. The PM also reportedly agreed to a zero-rated sales tax regime for major
Published 15 Feb, 2016 12:00am
IMF's tenth review
Exchange

IMF's tenth review

The IMF's tenth review has ended on a positive note. Pakistan has met all the quantitative performance criteria for the quarter ended December 2015. In particular, the strong tax revenue collection by FBR in the second quarter has been commended. However,
Published 15 Feb, 2016 12:00am
US cotton imports damaging Turkish production, Turkey probe finds
Cotton

US cotton imports damaging Turkish production, Turkey probe finds

Turkey said it has concluded that US cotton imports are damaging domestic output after a more than year-long review, dealing a potential blow to the world's No 3 grower of natural fibre amid concerns Ankara could resort to anti-dumping duties. "Cotton imp
Published 14 Feb, 2016 12:00am
ICE cotton futures ease, see biggest weekly loss in five months
Cotton

ICE cotton futures ease, see biggest weekly loss in five months

Cotton futures ended slightly lower on Friday, easing to their biggest weekly loss since September 2015 after days of selling pressure of weak commodities markets and a bearish US government report. The second-month contract traded within a tight range th
Published 14 Feb, 2016 12:00am
Subdued business seen on cotton market
Cotton

Subdued business seen on cotton market

Business activity failed to show any improvement due to lack of buying interest by spinners and mills, dealers said on the cotton market on Saturday. The official spot rate was unchanged at Rs 5,350, dealers said. In Sindh, prices of seed cotton at Rs 160
Published 14 Feb, 2016 12:00am
Oil cake market rates
Cotton

Oil cake market rates

Declining trend persisted on the forward cottonseeds oilcake market on Saturday as the March Vaida drifted lower in the process of trading, dealers said. The March Vaida closed on Thursday at Rs 2050.80 and it commenced with a decline of 50 paisas at Rs 2
Published 14 Feb, 2016 12:00am
Grams' rates down on grain market
Cotton

Grams' rates down on grain market

Grams prices were lower on the wholesale grain market on Saturday in the process of moderate trading, dealers said. On the grams side, grams Australia No 1 was lower by Rs 150 to Rs 7850, grams Australia Dall No 2 fell by Rs 60 to Rs 9400, grams 50x50 los
Published 14 Feb, 2016 12:00am
Grain market rates
Cotton

Grain market rates

Karachi grain market rates in rupees on Saturday (February 13, 2016).

Published 14 Feb, 2016 12:00am
Cotton sinks to lowest in more than a year in commodities rout
Cotton

Cotton sinks to lowest in more than a year in commodities rout

Cotton futures fell to the lowest in over a year on Thursday, weighed down by the broadly bearish sentiment in commodities markets and data showing a drop in US export sales. "Cotton markets have been following oil and the S&P," said Rogers Varner, presid
Published 13 Feb, 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 9,923 million. The number of lots traded was 43.49 million. PMEX Commodity Index closed at 2,580. Major business was contributed by gold amounting to PKR 9,165 million followed by c
Published 13 Feb, 2016 12:00am
Member to Member
Cotton

Member to Member

The following transactions member to member subsequently reported on Friday (February 12, 2016).

Published 13 Feb, 2016 12:00am