Trends - wheat imports - Business Recorder

wheat imports

Deals on import of over 1.3MMTs of wheat sealed

KARACHI: Pakistani traders have finalized deals for the import of over 1.3 million metric tons of wheat to meet the...

Updated 01 Nov, 2023 09:02am

Rs201bn cash credit limit: ECC approves procurement of 1.8 MMTs of wheat by Passco

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet Wednesday approved the procurement of 1.80 MMTs...

Updated 09 Mar, 2023 08:53am

Revolving fund account for CPEC IPPs approved: ECC allows import of 0.583MTs of wheat

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has allowed the import of 0.583 million tonnes ...

Updated 06 Dec, 2022 09:35am

Markets

TCP tenders to buy 500,000 tonnes of wheat

HAMBURG: A government agency in Pakistan has issued a new international tender to purchase and import 500,000 tonnes...

Published 18 Nov, 2022 07:12am

Business & Finance

Govt refusal to allow wheat import worries Elahi

LAHORE: The Federal government has refused to grant permission to the Punjab government to import wheat. Chief...

Published 17 Oct, 2022 05:57am

Markets

China sets 2023 import quota for corn, wheat

BEIJING: China on Monday set its low tariff rate quota for wheat, corn and rice imports in 2023 at the same volumes...

Published 11 Oct, 2022 07:15am

Import of 2MMT of wheat: Private sector seeks to get the nod from govt

KARACHI: The private sector is seeking the federal government’s nod for the import of some 2 million metric tons ...

Updated 28 Sep, 2022 10:04am

Business & Finance

Over 8.664m tons of wheat available for domestic consumptions

ISLAMABAD: Strategic wheat stocks of the country are recorded at 8.644 million tons, which are sufficient to tackle...

Published 25 Sep, 2022 06:01am

Ministry for allowing TCP to award wheat import contract

ISLAMABAD: The Ministry of National Food Security and Research (MNFS&R) has proposed to allow TCP to award...

Updated 22 Sep, 2022 09:31am

Markets

CBOT wheat may extend its gains to $9.37-1/4

SINGAPORE: CBOT wheat may extend its gains to $9.37-1/4 per bushel, as suggested by a projection analysis. The...

Published 21 Sep, 2022 01:11pm

Opinion

FY2022-23: Balance of payments

The continuing turmoil in the forex market is a bewildering experience with no parallel in the country’s history....

Published 21 Sep, 2022 05:57am

Wheat imports put big strain on forex reserves: ADB

In its latest report, 'Asian Development Review', lender says in the wake of population growth, urbanisation, and industrialisation, the availability of arable land and water facing intense pressure from non-farm uses in Pakistan

Updated 20 Sep, 2022 09:14am

Markets

Egyptian delegation to visit India to discuss wheat imports

NEW DELHI: A delegation from Egypt will visit India in the first week of April to facilitate wheat imports as part ...

Published 31 Mar, 2022 06:06am

Wheat imports: Tarin asks ministry to come up with ‘accurate need’

ISLAMABAD: Finance Minister Shaukat Tarin has asked the Ministry of National Food Security and Research to come up...

Updated 29 Mar, 2022 10:06am

Markets

EU raises wheat stocks forecast on import hike

PARIS: The European Commission on Thursday increased its forecast of European Union common wheat stocks at the end ...

Published 28 Jan, 2022 04:44am

Markets

Philippines purchased about 100,000 tonnes of feed wheat

HAMBURG: An importer group in the Philippines is believed to have bought around 100,000 tonnes of animal feed wheat...

Published 26 Nov, 2021 05:15am

Markets

France sees 2021 wheat area rise; barley, rapeseed and sugar beet fall

PARIS: France’s farm ministry on Tuesday pegged the soft wheat area, including spring wheat, for this year’s...

Published 14 Apr, 2021 03:21am

Markets

Morocco grain traders see strong harvest, lower soft wheat imports

The central bank has already raised its economic growth projection from earlier forecasts based on a predicted cereals harvest of 9.5 million tonnes, well up from 3.2 million tonnes last year.
"Cereals output is expected to exceed 10 million tonnes this season, which means less imports," he said.

Published 01 Apr, 2021 05:21pm

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

Business & Finance

Pakistan's imports Rise by $2.085bn: Razak Dawood

Pakistan's imports increased by $2.085 billion during July-February 2021 as compared to the same period in last financial year.
The increase in Pakistan’s import bill can be attributed to growth in wheat and sugar imports to stabilize the market prices.

Published 03 Mar, 2021 03:00pm

Markets

Britain's wheat imports accelerate during December

Wheat imports for the month totalled 332,458 tonnes, up from 208,948 tonnes in November.
Germany was the largest supplier in December, shipping 136,083 tonnes, followed by Denmark with 103,121 tonnes.

Published 12 Feb, 2021 09:32pm

Markets

Paris wheat consolidates before USDA crop report

March milling wheat on Paris-based Euronext was up 0.25 euros or 0.1% at 226.75 euros a tonne.
Chicago corn futures rose to a new 7-1/2-year high earlier on Tuesday as investors anticipated the USDA would reduce US and global supplies of the feed grain.

Published 09 Feb, 2021 09:21pm

Markets

EU wheat steady as Russia export tax, USDA report in focus

March milling wheat on Paris-based Euronext was unchanged on the day at 224.75 euros ($270.22) a tonne.
The front-month contract was consolidating after falling to a three-week low of 221.25 euros on Wednesday.

Published 05 Feb, 2021 09:20pm

Markets

Jordan gets at least 3 participants in 120,000 tonne wheat tender

Participants were believed to be Cerealcom Dolj, Ameropa and Nibulon, they said.
No purchase has yet been made and results are expected later on Wednesday, traders said.

Published 03 Feb, 2021 05:16pm

Markets

Jordan issues new tender to buy 120,000 tonnes wheat

To buy 120,000 tonnes of milling wheat

Published 28 Jan, 2021 06:52pm

Markets

Wheat down 10-15 cents, corn down 4-8, soybeans down 15-20

Wheat lower for a fourth straight session on profit-taking and technical selling, and on spillover pressure from lower corn and soybeans.
CBOT March soft red winter wheat last traded down 12-3/4 cents at $6.48 per bushel.

Published 22 Jan, 2021 08:27pm

Markets

China's corn, wheat imports in 2020 reach record highs

Corn imports in 2020 were more than double the previous year's volume and exceeded their annual quota, which was set at 7.2 million tonnes.
China also imported a record 8.38 million tonnes of wheat, against a quota of 9.64 million tonnes.

Published 18 Jan, 2021 07:07pm

Gainers
Losers
Leaders

Stock	Price
Chakwal Spinning / Dec 11 Chakwal Spinning Mills Limited(CWSM)	3.35 ▲ 1.00 (42.55%)
First Elite Cap.Mod / Dec 11 First Elite Capital Modaraba(FECM)	6 ▲ 1.00 (20.00%)
Dar-es-Salaam / Dec 11 Dar-es-Salaam Textile Mills Limited(DSML)	8.49 ▲ 1.00 (13.35%)
Kohinoor Spining / Dec 11 Kohinoor Spinning Mills Limited(KOSM)	4.62 ▲ 0.43 (10.26%)
Aisha Steel(ConPS) / Dec 11 Aisha Steel(ConPS)(ASLPS)	8.99 ▲ 0.79 (9.63%)
AEL Textile / Dec 11 AEL Textile Limited(AEL)	26.50 ▲ 1.85 (7.51%)
Burshane LPG / Dec 11 Burshane LPG (Pakistan) Limited(BPL)	22.47 ▲ 1.57 (7.51%)
Ghandhara Tyre / Dec 11 Ghandhara Tyre & Rubber Company Limited(GTYR)	44.69 ▲ 3.12 (7.51%)
National Silk / Dec 11 The National Silk & Rayon Mills Limited(NSRM)	35.09 ▲ 2.45 (7.51%)
Shahtaj Textile / Dec 11 Shahtaj Textile Limited(STJT)	92.10 ▲ 6.43 (7.51%)

Stock	Price
Sec. Inv. Bank / Dec 11 Security Investment Bank Limited(SIBL)	4.93 ▼ -0.81 (-14.11%)
Next Capital / Dec 11 Next Capital Limited(NEXT)	6 ▼ -0.60 (-9.09%)
LSE Ventures / Dec 11 LSE Ventures Limited(LSEVL)	5 ▼ -0.49 (-8.93%)
Redco Textile / Dec 11 Redco Textiles Limited(REDCO)	6.20 ▼ -0.60 (-8.82%)
Unicap Modaraba / Dec 11 Unicap Modaraba(UCAPM)	1.70 ▼ -0.16 (-8.60%)
Askari Life Assur. / Dec 11 Askari Life Assurance Company Limited(ALAC)	5.50 ▼ -0.49 (-8.18%)
Service Textile / Dec 11 Service Industries Textiles Limited(SERT)	9.71 ▼ -0.84 (-7.96%)
Asim Textile / Dec 11 Asim Textile Mills Limited(ASTM)	11.50 ▼ -0.98 (-7.85%)
Olympia Mills / Dec 11 Olympia Mills Limited(OML)	14.80 ▼ -1.20 (-7.50%)
Masood Textile / Dec 11 Masood Textile Mills Limited(MSOT)	53.20 ▼ -4.30 (-7.48%)

Stock	Volume
K-Electric Ltd. / Dec 11 K-Electric Limited(KEL)	342,535,258 ▲ 0.23
WorldCall Telecom / Dec 11 Worldcall Telecom Limited(WTL)	98,557,282 ▲ 0.05
P.T.C.L. / Dec 11 Pakistan Telecommunication Company Ltd(PTC)	58,736,500 ▲ 0.39
Kohinoor Spining / Dec 11 Kohinoor Spinning Mills Limited(KOSM)	56,593,500 ▲ 0.43
Fauji Foods Ltd / Dec 11 Fauji Foods Limited(FFL)	47,998,197 ▲ 0.14
Cnergyico PK / Dec 11 Cnergyico PK Limited(CNERGY)	46,684,647 ▼ -0.07
B.O.Punjab / Dec 11 The Bank of Punjab(BOP)	32,876,325 ▼ -0.03
Hascol Petrol / Dec 11 Hascol Petroleum Limited(HASCOL)	30,802,000 ▲ 0.30
Pak Elektron / Dec 11 Pak Elektron Limited(PAEL)	29,819,540 ▲ 0.87
Telecard Limited / Dec 11 Telecard Limited(TELE)	29,559,725 ▲ 0.54

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 11	284.32
USD PKR Interbank Buying / Dec 11	283.77
USD to Japanese Yen / Dec 11	145.58
USD to Swiss Franc / Dec 11	0.88
Pound Sterling to USD / Dec 11	1.25
Euro to USD / Dec 11	1.08
UK LIBOR % / Dec 8	5.48

Stock	Volume
S&P 500 / Dec 8	4604.37
Nasdaq / Dec 8	14403.97
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
India Sensex / Dec 11	69967.53
Tokyo Nikkei / Dec 11	32769.15
Hang Seng / Dec 11	16020.71

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 8	17235
Gold 10 Grams PKR / Dec 8	187414
Crude Oil USD/Barrel / Dec 11	71.63
Gold Spot USD/Ounce / Dec 11	1996.45
Cotton US¢/pound / Dec 11	82.25

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