Trends - TCP - Business Recorder

TCP

TCP tenders to buy 200,000 tonnes of sugar

Rapid shipment is sought with shipment of the first 25,000 to 30,000 tonnes being undertaken in only 15 days plus voyage time after the contract award

Published 12 Aug, 2021 06:44pm

Pakistan

Urea bags worth Rs15.4m missing from TCP Landhi warehouse

KARACHI: Over 11,400 bags of urea worth Rs15.4 million are missing from TCP Landhi warehouse. This was revealed in...

Published 12 Aug, 2021 04:34am

Tarin directs official to work out modalities: Warehouses for commodities, agri malls on the cards

ISLAMABAD: Finance Minister Shaukat Tarin has directed Secretary Ministry of National Food Security and Research to...

Updated 10 Aug, 2021 09:38am

Sugar imported by TCP: second vessel arrives

KARACHI: Second vessel of sugar imported by the Trading Corporation of Pakistan (TCP) has reached Pakistan for...

Published 07 Aug, 2021 02:51am

Pakistan

Trading Corporation Pakistan said to buy about 220,000 tonnes wheat in tender

TCP believed to have bought all the wheat at an estimated $304 a tonne c&f all for September shipment, say European traders

Updated 30 Jul, 2021 07:48pm

Pakistan

Punjab will provide 100,000mt of wheat to KP

LAHORE: Punjab will provide 100,000 metric tonnes of wheat to Khyber Pakhtunkhwa (KP) to meet its grain requirements...

Published 17 Jul, 2021 04:21am

Markets

TCP inks MoU with PASSCO for importing 1.5m metric tons of wheat

LAHORE: The Trading Corporation of Pakistan (TCP) has entered into a Memorandum of Understanding (MoU) with the...

Published 14 Jul, 2021 03:59am

Imported sugar to get costlier on surge in global prices

Meeting of the ECC informed that imported sugar would cost approximately Rs104 per kg against the current retail market price of Rs98 per kg

Updated 10 Jul, 2021 11:16am

Markets

TCP buys 100,000 tonnes of white sugar in tender

HAMBURG: Pakistan's state trading agency TCP has purchased 100,000 tonnes of white sugar in a tender for the same...

Published 06 Jul, 2021 03:48am

Markets

White sugar futures rise as Brazil frost damage assessed

Raw sugar, arabica coffee and New York cocoa futures markets were closed on Monday due to a public holiday in the United States.

Published 05 Jul, 2021 07:08pm

Pakistan

Pakistan gets offers in 100,000 tonnes white sugar tender

Lowest offer was believed to have been submitted by Al Khaleej Sugar.
Only one other offer in the tender was reported, from Wilmar at $534.40 a tonne c&f

Updated 28 Jun, 2021 07:11pm

Markets

TCP said to pass in 50,000 tonnes white sugar tender

Current sugar import needs may be reassessed, traders said.
The lowest price offered in the tender on Wednesday was $533.90 tonne c&f with four companies participating.

Published 04 Jun, 2021 07:43pm

Pakistan

Purchase of food items: USC directed to withdraw NIC condition

ISLAMABAD: A parliamentary panel, on Wednesday, directed the Utility Stores Corporation (USC) to withdraw the...

Updated 06 May, 2021 10:18am

TCP buys about 50,000 tonnes of white sugar in tender

HAMBURG: Pakistan's state trading agency TCP is believed to have purchased some 50,000 tonnes of white sugar in an...

Published 02 May, 2021 03:23am

Markets

Pakistan delays decision in 50,000 tonnes sugar tender

The tender had closed on Tuesday and the lowest offer was reported to be $447 a tonne c&f.
The Pakistan government in July 2020 approved sugar imports to meet a shortage and cool prices after production fell below consumption levels.

Published 30 Apr, 2021 05:28pm

Markets

TCP gets offers in 50,000 tonnes of sugar tender

HAMBURG: The lowest price offered in the international tender to buy 50,000 tonnes of sugar from state trading ...

Published 28 Apr, 2021 03:18am

TCP earns Rs1.5bn profit in 9 months

KARACHI: The Trading Corporation of Pakistan (TCP) has earned Rs 1.5 billion profit during the first nine months...

Published 17 Apr, 2021 03:28am

Pakistan

Salaries of employees: TCP chairman says will resign if pressurised

ISLAMABAD: Chairman, Trading Corporation of Pakistan (TCP), Riaz Memon, on Thursday stated that would resign if...

Updated 16 Apr, 2021 09:57am

TCP floats tender for import of 50,000 tons of sugar

KARACHI: Trading Corporation of Pakistan (TCP) has floated a tender for the import of 50,000 tonnes white sugar for...

Published 06 Apr, 2021 04:23am

Ban on cotton, sugar imports from India lifted

• Import of wheat thru TCP, G2G, private sector allowed • Wheat MSP fixed at Rs 1,800 per 40kg ISLAMABAD:...

Published 01 Apr, 2021 04:10am

Clarification: TSML rejects TCP's notice

ISLAMABAD: The Tandlianwala Sugar Mills Limited (TSML) has rejected the Trading Corporation of Pakistan's (TCP's)...

Published 28 Mar, 2021 04:14am

Contract defaults: TCP blacklists 9 sugar mills

KARACHI: The Trading Corporation of Pakistan (TCP) has blacklisted nine sugar mills as they were failed to perform...

Published 27 Mar, 2021 05:41am

TCP invites bids for sale of sweeping sugar

KARACHI: The Trading Corporation of Pakistan (TCP) has invited offers for sale of some 72 metric ton sweeping sugar...

Published 24 Mar, 2021 05:10am

TCP imports 1.7m tons of wheat

KARACHI: The Trading Corporation of Pakistan (TCP) has completed import of some 1.7 million tons as the last...

Published 23 Mar, 2021 04:37am

Opinion

Efforts must be made to raise wheat production

The federal government has fixed the minimum support price (MSP) for wheat at Rs 1800 per 40 kg. This amount appears...

Published 22 Mar, 2021 04:18am

TCP buys about 300,000 tonnes of wheat in global tender

HAMBURG: A government agency is believed to have bought about 300,000 tonnes of wheat in an international tender...

Published 20 Mar, 2021 04:39am

Markets

TCP said to pass in 50,000 tonnes white sugar tender

Two offers were reported in the tender which closed on Tuesday.
Pakistan has issued a series of sugar tenders in recent months to cool local prices.

Published 19 Mar, 2021 10:04pm

Major wheat deficit looming

ISLAMABAD: Pakistan is likely to face three million tons wheat deficit next year as the country’s estimated...

Updated 19 Mar, 2021 09:32am

Markets

Pakistan believed to pass in 300,000 tonnes wheat tender

Offers in the tender from the Trading Corporation of Pakistan (TCP) which closed on Tuesday were regarded as too high at a time when Pakistan's own grains harvest is starting, a trader said.
Wheat prices have risen since Russia announced grain export taxes to reduce its overseas shipments and cool Russian domestic prices.

Published 05 Mar, 2021 06:25pm

Import of sugar by TCP: Cabinet grants PPRA exemption ‘in national interest’

ISLAMABAD: The Federal Cabinet has exempted 0.5 million tons of sugar from Rule 21 of the PPRA Ordinance 2002 to be...

Updated 17 Feb, 2021 09:32am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 2	278.40
USD PKR Interbank Buying / May 2	278.20
USD to Japanese Yen / May 2	155.37
USD to Swiss Franc / May 2	0.91
Pound Sterling to USD / May 2	1.25
Euro to USD / May 2	1.07

Stock	Volume
S&P 500 / May 1	5018.39
Nasdaq / May 1	15605.48
Dow Jones / May 1	37903.29
India Sensex / May 2	74720.19
Tokyo Nikkei / May 2	38236.07
Hang Seng / May 2	18192.04
FTSE 100 / May 2	8149.68
Germany DAX 30 / May 2	17906.01

Item	Value
Petrol/Litre / May 2	288.49
Crude Oil USD/Barrel / May 2	79.53
Karachi Cotton PKR/37.32 KG / May 2	20000
Gold 10 Grams PKR / May 2	206619
Gold Spot USD/Ounce / May 2	2311.74
Diesel/Litre / May 2	281.96

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 2 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 2 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 2 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 2 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 2 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 2 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 2 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 2 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 2 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 2 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 2 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 2 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 2 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 2 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 2 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 2 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 2 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 2 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 2 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 2 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 2 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 2 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 2 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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