Trends - PVMA - Business Recorder

PVMA

Edible oil & seeds: Call for urgent steps to increase production

KARACHI: Sheikh Umer Rehan, Former President of the Korangi Association of Trade and Industry (KATI) and Former Vice...

Published 05 Apr, 2023 06:16am

Edible oil: SBP, MoF urged to ask banks to open LCs

ISLAMABAD: The edible oil industry has asked the State Bank of Pakistan (SBP) and Ministry of Finance to direct the...

Updated 06 Jan, 2023 09:12am

Business & Finance

Punjab govt orders action against sugar mills failing to start crushing

LAHORE: The Punjab government has decided to take stern action against the sugar mills for not starting crushing ...

Published 25 Nov, 2022 05:48am

Pakistan

Sheikh Abdul Razzaq elected PVMA chairman

ISLAMABAD: Sheikh Abdul Razzaq has been elected Chairman Pakistan Vanaspati Manufacturers Association (PVMA) for the...

Published 29 Sep, 2022 05:54am

Palm oil import sans from Indonesia: FBR abolishes 2pc additional duty

ISLAMABAD: The Federal Board of Revenue (FBR) has abolished 2 per cent additional customs duty on the import of...

Updated 22 Jun, 2022 10:07am

Markets

Indonesian palm oil: Envoy can help ensure resumption of supply?

ISLAMABAD: Pakistan needs to make a formal request to the Indonesian ambassador to resume supply of palm oil to...

Updated 02 May, 2022 05:03pm

Pakistan

Ramazan Bazaars: PVMA to provide cooking oil, ghee at lower rates

LAHORE: Pakistan Vanaspati Manufacturers Association (PVMA) has announced to provide cooking oil and ghee Rs 10 per...

Published 16 Mar, 2022 05:40am

Stocks of edible oil at all-time low

ISLAMABAD: The ghee and cooking oil industry has submitted a set of tax-related recommendations to Finance Minister...

Updated 02 Mar, 2022 09:46am

Pakistan

PVMA urges govt to stop smuggling of cooking oil and ghee from Iran

ISLAMABAD: The ghee and cooking oil industry has approached Prime Minister Imran Khan for taking strict action...

Published 15 Feb, 2022 06:45am

Markets

Spokesman for PVMA argues: Ghee, cooking oil prices cannot be reduced without rationalisation of duties/taxes

ISLAMABAD: The prices of ghee and cooking oil cannot be reduced without rationalisation of duties/taxes, but the...

Updated 02 Feb, 2022 12:22pm

Iranian cooking oil: FBR to take anti-smuggling steps

ISLAMABAD: The Federal Board of Revenue (FBR) will take major enforcement action at the border areas of Iran to ...

Updated 16 Jan, 2022 10:05am

Pakistan

‘Smuggled Iranian edible oil is damaging local industry’

KARACHI: Former Vice Chairman of Pakistan Vanaspati Manufacturers Association (PVMA) and Former President of KATI...

Published 06 Jan, 2022 04:13am

PVMA writes to Tarin for action ‘Iranian-origin smuggled cooking oil’ floods market

ISLAMABAD: In a first, Iranian-origin smuggled cooking oil has flooded the domestic market, raising serious concerns...

Published 19 Dec, 2021 04:37am

Business & Finance

Govt urged to exempt ghee industry from gas load-shedding

KARACHI: Former Vice Chairman of Pakistan Vanaspati Manufacturers Association (PVMA) and Former President KATI ...

Published 16 Dec, 2021 04:00am

Pakistan

‘Policy shift needed to build up edible oil stocks’

ISLAMABAD: A major policy shift is needed to build up local edible oil reserves/ stocks and motivate farmers for...

Published 09 Nov, 2021 04:48am

Business & Finance

Tax relief to be passed on to public, PVMA assures govt

ISLAMABAD: Pakistan Vanaspati Manufactures Association (PVMA) and importers have assured the government that they...

Published 24 Oct, 2021 05:14am

Markets

Ghee makers refuse to ink MoU on cut in prices

ISLAMABAD: Pakistan Vanaspati Manufactures Association (PVMA) has refused to sign any pact with the Ministry of...

Published 22 Oct, 2021 04:13am

Business & Finance

Import of edible oils: Ghee industry seeks reduction in taxes

ISLAMABAD: The ghee and cooking industry has informed the Finance Ministry that India has slashed duties on import ...

Published 16 Oct, 2021 04:49am

Pakistan

Tariq Ullah Sufi elected PVMA chief unopposed

ISLAMABAD: Tariq Ullah Sufi has been elected Chairman Pakistan Vanaspati Manufacturers Association (PVMA) for the...

Published 26 Sep, 2021 03:23am

PVMA announces cut in ghee, cooking oil prices

LAHORE: Pakistan Vanaspati Manufacturers Association (PVMA) on Sunday announced an immediate reduction in prices of...

Updated 20 Sep, 2021 09:46am

Pakistan

PVMA, NINFA sign MoU

ISLAMABAD: The ghee and cooking oil industry, Friday, inked a memorandum of understanding (MoU) with the Nutrition...

Published 04 Sep, 2021 06:04am

PVMA offices: CCP carries out search, inspection action

ISLAMABAD: As part of an investigation into the alleged violations of Sections 3 and 4 of the Competition Act, 2010...

Published 09 Jul, 2021 03:03am

Markets

Prices of ghee, cooking oil likely to rise

ISLAMABAD: Pakistan Vanaspati Manufacturers Association (PVMA) said Sunday the pricec of ghee and cooking oil will...

Published 28 Jun, 2021 04:38am

Business

Additional taxation: PVMA writes to PM about hike in ghee, oil prices

ISLAMABAD: The ghee and cooking oil industry has approached Prime Minister Imran Khan against new taxation measures...

Published 25 Jun, 2021 04:20am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 10 786 Investments Limited(786)	5.74 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 10 Al-Abbas Sugar Mills Limited(AABS)	526 ▼ 0.00 (0.00%)
Agro Allianz / Dec 10 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 10 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 10 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Dec 10 Allied Bank Limited(ABL)	90.51 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 10 Abbott Laboratories (Pakistan) Limited(ABOT)	500.43 ▼ 0.00 (0.00%)
Abson Ind. / Dec 10 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 10 Alfalah Consumer Index ETF.(ACIETF)	10.99 ▼ 0.00 (0.00%)
Attock Cement / Dec 10 Attock Cement Pakistan Limited(ACPL)	105.15 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 10 786 Investments Limited(786)	5.74 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 10 Al-Abbas Sugar Mills Limited(AABS)	526 ▲ 0.00 (0.00%)
Agro Allianz / Dec 10 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 10 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 10 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Dec 10 Allied Bank Limited(ABL)	90.51 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 10 Abbott Laboratories (Pakistan) Limited(ABOT)	500.43 ▲ 0.00 (0.00%)
Abson Ind. / Dec 10 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 10 Alfalah Consumer Index ETF.(ACIETF)	10.99 ▲ 0.00 (0.00%)
Attock Cement / Dec 10 Attock Cement Pakistan Limited(ACPL)	105.15 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Dec 10 K-Electric Limited(KEL)	342,535,258 ▲ 0.00
WorldCall Telecom / Dec 10 Worldcall Telecom Limited(WTL)	98,557,282 ▲ 0.00
P.T.C.L. / Dec 10 Pakistan Telecommunication Company Ltd(PTC)	58,736,500 ▲ 0.00
Kohinoor Spining / Dec 10 Kohinoor Spinning Mills Limited(KOSM)	56,593,500 ▲ 0.00
Fauji Foods Ltd / Dec 10 Fauji Foods Limited(FFL)	47,998,197 ▲ 0.00
Cnergyico PK / Dec 10 Cnergyico PK Limited(CNERGY)	46,684,647 ▲ 0.00
B.O.Punjab / Dec 10 The Bank of Punjab(BOP)	32,876,325 ▲ 0.00
Pak Elektron / Dec 10 Pak Elektron Limited(PAEL)	29,819,540 ▲ 0.00
Hascol Petrol / Dec 10 Hascol Petroleum Limited(HASCOL)	27,935,500 ▲ 0.00
Pak Int.Bulk / Dec 10 Pakistan International Bulk Terminal(PIBTL)	25,443,500 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 8	284.30
USD PKR Interbank Buying / Dec 8	283.95
USD to Japanese Yen / Dec 8	144.95
USD to Swiss Franc / Dec 8	0.88
Pound Sterling to USD / Dec 8	1.25
Euro to USD / Dec 8	1.08
UK LIBOR % / Dec 8	5.48

Stock	Volume
S&P 500 / Dec 8	4604.37
India Sensex / Dec 8	69825.60
Tokyo Nikkei / Dec 8	32307.86
Nasdaq / Dec 8	14403.97
Hang Seng / Dec 8	16334.37
FTSE 100 / Dec 8	7554.47
Dow Jones / Dec 8	36247.87
Germany DAX 30 / Dec 8	16759.22
France CAC40 / Dec 8	7526.55

Item	Value
Crude Oil USD/Barrel / Dec 8	71.23
Karachi Cotton PKR/37.32 KG / Dec 8	17235
Gold 10 Grams PKR / Dec 8	187414
Gold Spot USD/Ounce / Dec 8	2004.67
Cotton US¢/pound / Dec 8	81.44

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