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Cotton

Pakistan, Thailand agree to start talks on FTA

Pakistan and Thailand have agreed to start negotiations on Free Trade Agreement (FTA) and the first session of the negotiations will take place in Thailand on 27-28 September 2015. This was announced by the Minister for Commerce Engr Khurram Dastgir Khan

Published 14 Aug, 2015 12:00am

Cotton

Met Office issues advisory to farmers

The Met Office has asked the farmers to complete Kharif crops by utilising all the existing moisture in the soil especially for maize in rain-fed areas of the country. Cotton growers should remain vigilant to the adverse effects of stagnant rainwater in t

Published 14 Aug, 2015 12:00am

Cotton

Masoor prices down on grain market

Masoor prices were lower on the local grain market on Thursday ahead of Independence Day holiday, dealers said. On the cereals side, Masoor Canada shed Rs 200 to Rs 8800-9000, Masoor Dal Canada low type was lower by Rs 500 to Rs 10800 and good type was do

Published 14 Aug, 2015 12:00am

Currency

Cotton market: firmness develops

Interrupted supplies of the new crop (August 2015 / July 2016) from Sindh and reports of the United States Department of Agriculture (USDA) that the 2015 / 2016 crop will yield only 13.1 million bales in the USA instead of 14.5 million bales as envisaged

Published 14 Aug, 2015 12:00am

Currency

Cotton market: firmness develops

Published 14 Aug, 2015 12:00am

Currency

Steadier trend amid pre-holiday session

Steadier trend was again witnessed on cotton market on Thursday ahead of Independence Day holiday, dealers said. The official spot rate was stable to Rs 4,500, dealers said. Seed cotton prices in Sindh were higher by Rs 100 to Rs 2400 and Rs 2500 and in P

Published 14 Aug, 2015 12:00am

Cotton

Ouil cake market rates

The December vaida extended it's gains for the second day on the forward cottonseeds oilcake market on Thursday in the process of trading, dealers said. The December vaida closed at Rs 1302.20 and it rose by 30 paisa gain at Rs 1302.50 in the early sessio

Published 14 Aug, 2015 12:00am

Cotton

Daily trading report of PMEX

On Wednesday, at Pakistan Mercantile Exchange (PMEX), value traded was PKR 7,978 million. The number of lots traded was 35.89 million. PMEX Commodity Index closed at 2,510. Major business was contributed by gold amounting to PKR 5,579 million followed by

Published 14 Aug, 2015 12:00am

Cotton

Rice prices down on grain market

Rice prices fell sharply on the grain market on Wednesday in the process of trading, dealers said. On the rice sector, Basmati/D98-Shahdadkot low type was down by Rs 100 to Rs 4100 and best quality was down by Rs 300 to Rs 4200, Basmati No 386 Red new low

Published 13 Aug, 2015 12:00am

Currency

Cotton market: selective buying seen by mills, spinners

Selective buying by mills and spinners was seen on the cotton market on Wednesday in the process of trading, dealers said. The official spot rate was stable to Rs 4,500, dealers said. Seed cotton prices in Sindh were at Rs 2300 and Rs 2400 and in Punjab r

Published 13 Aug, 2015 12:00am

Cotton

Oil cake market rates

The December vaida extended it's gains on the forward cottonseeds oilcake market on Wednesday in the process of trading, dealers said. The December vaida closed at Rs 1301.90 and it opened with 30 paisa gain at Rs 1302.20 in the early session, dealers sai

Published 13 Aug, 2015 12:00am

Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Wednesday (August 12, 2015).

Published 13 Aug, 2015 12:00am

Cotton

ICE cotton surges after USDA slashes output forecast

ICE cotton surged in record-high volume on Wednesday, hitting a two-week high and reaching its daily price limit after the US government slashed its forecast for US and global production and ending stocks significantly more than expected. December cotton

Published 13 Aug, 2015 12:00am

Cotton

MCCI for striking export-import balance

Multan Chamber of Commerce and Industry (MCCI) has urged upon the government to maintain balance in exports and imports to escape from the trade deficit and Pakistani products be encouraged. President of Multan Chamber of Commerce and Industry Mian Iqbal

Published 13 Aug, 2015 12:00am

Cotton

Decreasing trend of agriculture commodities: working groups formed to suggest steps

The government has formed six working groups to formulate suggestions in order to address issues and challenges being faced by the farming community in the country on the back drop of decreasing trend of the agriculture commodities in international market