ICE cotton futures inched lower on Friday after correcting upward in the prior session from a two-week low, as speculators refrained from buying after suffering heavy losses during the sharp move lower earlier in the week. "The mills don't want to pay up
The scenes were unbelievable as farmers rolled their potatoes on the roads of the Mall Lahore and in front of the provincial assembly building. The political system has failed the farmers once again and every time this happens it is the 'N' League's insen
Dr Hafiz A. Pasha in his article "Agricultural pricing policy" has stated that "In the absence of any interventions, conditions in the markets for crops have deteriorated. The worst-hit are rice, cotton and potato growers. The commodity prices are persist
The University of Agriculture in Faisalabad (UAF), determined to take the technology at the doorstep of every farmer of the province, has developed soil-test-based fertiliser prediction models to predict the required amount of N and P for desired yield of
National Assembly's Standing Committee on Commerce has suggested that if the government is not in a position to immediately settle refund claims, these should be settled by subsidising gas and electricity bills. This was stated by the Committee's Chairman
National Institute of Banking and Finance (NIBAF) operated by the State Bank of Pakistan conducted five-day training on Islamic banking at Training Management Division FTC, Karachi. Prominent Sharia scholars Mufti Ehsan Waquar and Dr Khalil Aazmi conducte
Prices of seed cotton showed further gains after fresh rains in cotton belt, dealers said on the cotton market on Friday. The official spot rate recovered Rs 50 to Rs 4,500, dealers said. Seed cotton prices in Sindh were at Rs 2300 and Rs 2450 and in Punj
On Thursday, at Pakistan Mercantile Exchange (PMEX), value traded was PKR 6,070 million as compared to PKR 5,769 million reported on Wednesday, an increase of 5 percent. The number of lots traded was 23.06 million. PMEX Commodity Index closed at 2,465. Ma
A fresh US trade pact could provide relief to African economies buffeted by the commodities slump but a failure to reform during the boom years has left many countries unable to profit from tariff-free access to the world's largest market. In an effort to
A meeting of the National Assembly Standing Committee on Rules of Procedure and Privileges met at Parliament House on Wednesday, under the Chairmanship of Chaudhry Asad-ur-Rehrnan, MNA to discuss the following agenda: The Question of Privilege raised by M
Cotton crop (August 2015 / July 2016) is going through a steady phase and some arrivals from Sindh were being delayed awaiting proper opening of the bolls. Seedcotton (Kapas / Phutti) equivalent to 25,000 lint bales (155 Kgs) is reportedly arriving into t
Cotton crop (August 2015 / July 2016) is going through a steady phase and some arrivals from Sindh were being delayed awaiting proper opening of the bolls. Seedcotton (Kapas / Phutti) equivalent to 25,000 lint bales (155 Kgs) is reportedly arriving into t
Prices of seed cotton improved modestly on the cotton market on Thursday amid tight supply, dealers said. The official spot rate was down by Rs 50 to Rs 4,450, dealers said. Seed cotton prices in Sindh were at Rs 2300 and Rs 2450 and in Punjab rates at Rs
The January vaida launched on the forward cottonseeds oilcake market on Thursday in the process of trading, dealers said. The December vaida closed at Rs 1302.50, opened with no change in the early session, dealers said. The January contract closed at Rs
Sluggish business activity was seen on the local grain market on Thursday in the process of trading, dealers said. On the cereals side, Urad Burma lost Rs 250 to Rs 14250, other commodities maintained overnight levels, they said. On the grams side, yellow
On Wednesday, at Pakistan Mercantile Exchange (PMEX), value traded was PKR 5,770 million. The number of lots traded was 6.914 million. PMEX Commodity Index closed at 2,422. Major business was contributed by crude oil amounting to PKR 3,211 million followe
State Bank of Pakistan (SBP) has reportedly refused to facilitate bilateral trade with Iran through banking channels until all international sanctions are lifted, well informed sources told Business Recorder. A key hurdle in bilateral trade between
State Bank of Pakistan (SBP) has reportedly refused to facilitate bilateral trade with Iran through banking channels until all international sanctions are lifted, well informed sources told Business Recorder. A key hurdle in bilateral trade between
State Bank of Pakistan (SBP) has reportedly refused to facilitate bilateral trade with Iran through banking channels until all international sanctions are lifted, well informed sources told Business Recorder. A key hurdle in bilateral trade between
State Bank of Pakistan (SBP) has reportedly refused to facilitate bilateral trade with Iran through banking channels until all international sanctions are lifted, well informed sources told Business Recorder. A key hurdle in bilateral trade between
ICE cotton futures rebounded on Thursday after hitting a two-week low in the prior session, bouncing back from three consecutive sessions of losses on support from sharp rallies in equities and other commodity markets. "We needed to have such a move after
ICE cotton futures hit a two-week low on Wednesday despite a rebound in global equities, suggesting supply concerns prompted by a bullish US government crop report two weeks ago are evaporating. "We're really coming to terms with [the fact that] the Texas
Slow business activity was seen on the local grain market on Wednesday in the process of trading, dealers said. On the cereals side, Moong Punjab lost Rs 2250 to Rs 8500, Moong Afghan, however, gained Rs 1750 to Rs 10750, wheat new Bardan picked up Rs 25
Rates maintained firm trend on the cotton market on Wednesday as growers stopped selling at current prices on expectations of increase in prices in the near future, dealers said. The official spot rate was unchanged at Rs 4,500, dealers said. Seed cotton
The December vaida was lower on the forward cottonseeds oilcake market on Wednesday in the process of trading, dealers said. The December vaida closed at Rs 1303.30, it shed 30 paisa at Rs 1303.00 in the early session, dealers said.
Pakistan and Kazakhstan on Wednesday agreed to bolster bilateral ties through enhanced co-operation in trade, economy, energy, science and technology, education, and air-connectivity for the mutual benefit of two brotherly countries. "As we move forward,