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Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Thursday (January 07, 2016).

Published 08 Jan, 2016 12:00am

Cotton

Cotton finds support from mill buying at bottom of trading range

Cotton futures inched up on Tuesday as the prior session's fall to more than one-month lows spurred mill buying, though a sharply stronger dollar prevented any stronger gains. "There's a little business going on at this lower end of the range," said Bobby

Published 07 Jan, 2016 12:00am

Cotton

Modest business on grain market

Modest business was seen on the wholesale grain market on Wednesday in the process of trading, dealer said. On the rice sector, Irri-6 low type was lower by Rs 10 to Rs 2880 and the fine quality was lower by Rs 25 to Rs 2925, other items maintained overni

Published 07 Jan, 2016 12:00am

Cotton

Cotton market: prices higher on rising demand

Rising demand by mills, pushed the rates further higher on the cotton market on Wednesday, dealers said. The official spot rate was up by Rs 50 to Rs 5,300, dealers said. In Sindh, prices of seed cotton were inert at Rs 1800 and Rs 2900 and in the Punjab,

Published 07 Jan, 2016 12:00am

Cotton

Oil cake market rates

The January vaida was higher, while the March contract was unchanged on the forward cottonseeds oilcake market on Wednesday in the process of trading, dealers said. The January vaida was closed at Rs 2049.00 and it gained 70 paisa to Rs 2049.70 in the mor

Published 07 Jan, 2016 12:00am

Exchange

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Wednesday (January 06, 2016).

Published 07 Jan, 2016 12:00am

Cotton

National Assembly body approves Plant Breeders Rights Bill, 2015

A parliamentary body on Wednesday approved the Plant Breeders Rights Bill, 2015 for ensuring breeders' rights and establishing a viable seed industry for food security in Pakistan with some proposed amendments. The National Assembly Standing Committee on

Published 07 Jan, 2016 12:00am

Cotton

National Assembly body approves Plant Breeders Rights Bill, 2015

Published 07 Jan, 2016 12:00am

Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Tuesday (January 05, 2016).

Published 06 Jan, 2016 12:00am

Exchange

PSC to approve new cotton varieties tomorrow

Punjab Seed Council (PSC) has convened its meeting tomorrow (January 7) in Lahore to consider the approval of 19 BT cotton varieties and two hybrid variety for cultivation in Punjab. PSC will also approve the new varieties of different crops for general c

Published 06 Jan, 2016 12:00am

Cotton

Cotton hits more than one-month low on China concerns, dollar strength

Cotton futures fell to their lowest levels in more than one month on Monday as weak manufacturing data and tumbling stocks in China, the world's top consumer of the fibre, stoked demand concerns. "It suggests that they might not import as much cotton," sa

Published 06 Jan, 2016 12:00am

Cotton

Lean business on grain market

A few changes were seen on the wholesale grain market on Tuesday in the process of modest trading, dealer said. On gram sector, yellow peas Russia gained Rs 100 to Rs 3900 and the yellow peas Dall Russia also picked up same amount to Rs 4400, other items

Published 06 Jan, 2016 12:00am

Cotton

Cotton market: Prices firm as buying interest emerges among mills, spinners

Rates stabilised on the cotton market on Tuesday as some leading mills and spinners took interest in fresh buying to meet urgent needs, dealers said. The official spot rate was unchanged at Rs 5,250, dealers said. In Sindh, seed cotton prices were inert a

Published 06 Jan, 2016 12:00am

Cotton

Oil cake market rates

The January vaida was lower, while the March contract was unchanged on the forward cottonseeds oilcake market on Tuesday in the process of trading, dealers said. The January vaida was closed at Rs 2049.20 and it commenced with a loss of 20 paisa at Rs 204

Published 06 Jan, 2016 12:00am

Exchange

Daily trading report of PMEX

On Monday, at Pakistan Mercantile Exchange (PMEX), value traded was PKR 7,492 million. The number of lots traded was 32.07 million. PMEX Commodity Index closed at 2,521. Major business was contributed by gold amounting to PKR 6,205 million followed by cru

Published 06 Jan, 2016 12:00am

Cotton

History of Karachi Port Trust

The existence of Karachi Port dates back to eighteenth century when Alexander, the great, ended his campaign along the Punjab Rivers and Indus. His Admiral Nearchus, with his fleet, reached Krokala which is known today as Keamari. Writers like James Renne

Published 06 Jan, 2016 12:00am

Cotton

Rice prices higher on grain market

Rice and some other commodities were higher on the wholesale grain market on Monday in the process of modest trading, dealer said. On rice sector, Irri-9 Sindh gained Rs 400 to Rs 3500-3600, Basmati/D-98-Shahdadkot followed same pattern, picking up Rs 100