BR100 Decreased By (-0.49%)
BR30 Decreased By (-0.35%)
KSE100 Decreased By (-0.42%)
KSE30 Decreased By (-0.54%)
AGHA 7.75 Decreased By ▼ -0.06 (-0.77%)
BECO 5.17 Decreased By ▼ -0.04 (-0.77%)
BML 57.60 Increased By ▲ 0.10 (0.17%)
BOP 34.30 Increased By ▲ 0.27 (0.79%)
CNERGY 10.01 Increased By ▲ 0.05 (0.5%)
CSIL 5.35 Increased By ▲ 0.04 (0.75%)
FCCL 54.25 Decreased By ▼ -0.45 (-0.82%)
FFL 16.61 Decreased By ▼ -0.08 (-0.48%)
FNEL 1.24 Increased By ▲ 0.01 (0.81%)
KEL 7.26 Decreased By ▼ -0.14 (-1.89%)
KOSM 5.76 Decreased By ▼ -0.01 (-0.17%)
LOTCHEM 29.26 Decreased By ▼ -0.06 (-0.2%)
MLCF 93.55 Decreased By ▼ -0.81 (-0.86%)
NBP 201.80 Decreased By ▼ -1.25 (-0.62%)
NCPL 56.80 Decreased By ▼ -0.20 (-0.35%)
NPL 67.40 Decreased By ▼ -0.30 (-0.44%)
OGDC 315.49 Decreased By ▼ -0.35 (-0.11%)
PACE 10.58 Decreased By ▼ -0.06 (-0.56%)
PAEL 42.77 Decreased By ▼ -0.43 (-1%)
PIBTL 16.64 Decreased By ▼ -0.10 (-0.6%)
PPL 218.29 Decreased By ▼ -1.49 (-0.68%)
PRL 49.81 Increased By ▲ 0.62 (1.26%)
PTC 70.31 Decreased By ▼ -0.22 (-0.31%)
SSGC 27.55 Decreased By ▼ -0.70 (-2.48%)
TBL 9.75 Decreased By ▼ -0.11 (-1.12%)
TELE 8.71 Decreased By ▼ -0.08 (-0.91%)
TPL 18.53 Increased By ▲ 0.29 (1.59%)
TPLP 13.47 Increased By ▲ 0.20 (1.51%)
TREET 22.63 Decreased By ▼ -0.09 (-0.4%)
TRG 60.00 Decreased By ▼ -0.14 (-0.23%)
Print Print edition: 2021-01-09

Export of Kinnow halts due to sit-in

KARACHI: Export of Kinnow has suspended due to sit-in of protestors at different places in Karachi. Exporter...
Published Updated

KARACHI: Export of Kinnow has suspended due to sit-in of protestors at different places in Karachi.

Exporter informed that some 400 plus containers are stranded at different places of Karachi and interior Sindh.

Waheed Ahmed former chairman Pakistan Fruit and Vegetable Exporters and Merchants Association has informed that the exporters are likely to face huge financial losses due to inaccessibility of export containers of Kinnow to the sea port. Approximately some 400 export containers of Kinnow worth $4.6 million are standing still awaiting transportation to the sea port, he added.

He said that Kinnow containers are maintained at the specific temperature, hundreds of containers loaded with Kinnow are likely to get spoiled waiting at the side. Due to acute shortage of reefer containers as well as vessels, the export is being done at four times higher freight charges than usual.

Exporters are already confronted with heavy financial losses and the sit-ins leading to blockage of roads will further multiply the losses, he said.

Copyright Business Recorder, 2021

Comments

Comments are closed for this article.