Trends - Wheat - Business Recorder

Wheat

Sindh govt responsible for causing food insecurity: Farrukh

ISLAMABAD: Minister of State for Information and Broadcasting Farrukh Habib on Monday said that the Sindh government...

Published 09 Jun, 2021 03:29am

Markets

Ban on wheat supply from Punjab: KP flour millers to launch protest

PESHAWAR: KP flour millers have announced to launch a phase-wise protest from next week against illegal ban on wheat...

Published 09 Jun, 2021 03:29am

Wheat flour, other items: Price monitoring body takes stock of situation

ISLAMABAD: Federal Minister for Finance and Revenue Shaukat Tarin presided over the meeting of a National Price...

Published 08 Jun, 2021 04:09am

Markets

Tunisia expects to harvest 1.07mn tonnes of durum wheat

Prime Minister Hichem Mechichi said on Saturday that this year's grain harvest was expected to reach 1.65 million tonnes.

Published 07 Jun, 2021 01:20pm

Markets

Egypt gets offers in 100,000 tonnes raw sugar tender

The ESIIC requested that a first shipment of 50,000 tonnes of sugar arrive during July 5-15.

Published 07 Jun, 2021 01:11pm

Markets

Oil eases as investors await Iran nuclear talks this week

Analysts expect Iran, which is having its presidential election on June 18, to increase its production by 500,000 to 1 million barrels per day once sanctions are lifted.

Published 07 Jun, 2021 11:52am

Markets

Brent oil may test resistance at $72.71

Support is at $71.38, a break below could cause a fall into $70.41-$70.95 range.

Published 07 Jun, 2021 11:40am

Markets

LME copper neutral in $9,733-$10,029 range

The bias could be towards the downside, as the bounce triggered by the support at $9,733 looks so weak that it suggests a continuation of the downtrend.

Published 07 Jun, 2021 11:37am

Markets

Steam rises as India and Pakistan take basmati battle to EU

Pakistan immediately opposed India's move to gain Protected Geographical Indication (PGI) from the European Commission.

Published 07 Jun, 2021 10:35am

Markets

Iran’s GTC bought about 195,000 tonnes of wheat

HAMBURG: Iranian state agency the Government Trading Corporation (GTC) is believed to have purchased around 195,000...

Published 06 Jun, 2021 02:56am

Markets

Palm oil may seek support at 4,010 ringgit

The contract is retreating towards a rising trendline, which establishes a support around 4,010 ringgit as well.

Published 04 Jun, 2021 10:57am

2nd quarterly report unveiled: Economy picking up; three areas need vigilance: SBP

KARACHI: The State Bank of Pakistan (SBP) Thursday said Pakistan’s macroeconomic outlook for the current fiscal...

Published 04 Jun, 2021 05:06am

Markets

US oil may rise into $69.96-$71.28 range

A break below $68.99, now a support, may cause a fall limited to $67.57.

Published 03 Jun, 2021 12:12pm

Markets

Palm oil targets 4,282 ringgit

It would be too bold to target 4,576 ringgit right now.

Published 03 Jun, 2021 12:11pm

Markets

Iran’s GTC tenders to buy wheat

HAMBURG: Iranian state agency the Government Trading Corporation (GTC) has issued an international tender to ...

Published 03 Jun, 2021 04:13am

Markets

US midday: Corn futures fall; soyabeans up

CHICAGO: Chicago Board of Trade corn futures dropped 2.8% on Wednesday, pressured by a government report that showed...

Published 03 Jun, 2021 04:13am

Markets

Euronext wheat eases

PARIS: Euronext wheat reversed from a two-week high to end lower on Wednesday as better-than-expected conditions for...

Published 03 Jun, 2021 04:13am

Markets

Palm oil target of 3,738 ringgit aborted

The support is not working alone. It is strengthened by another one at 3,856 ringgit on the daily chart and the third established by a rising channel.

Published 02 Jun, 2021 12:13pm

Markets

Brent oil may retest resistance at $71.38

Support is at $69.87, a break below which could cause a fall limited to $69.20.

Published 02 Jun, 2021 12:12pm

Markets

NY cocoa may fall a bit before retesting $2,462

The second part is developing towards $2,407.

Published 02 Jun, 2021 12:09pm

Markets

Palm oil may fall towards 3,738 ringgit

A break could open the way towards 3,698-3,774 ringgit range.

Published 01 Jun, 2021 11:40am

Opinion

Record wheat production

This is apropos a Business Recorder news item “Country witnesses record production of wheat: minister” carried ...

Published 01 Jun, 2021 04:59am

Markets

BD gets offers in 50,000 tonne of wheat purchase tender

HAMBURG: Bangladesh’s state grains buyer received the lowest price offer estimated at $339.33 a tonne CIF liner ...

Published 01 Jun, 2021 04:59am

Markets

Saudi Arabia’s SAGO agrees to buy wheat

DUBAI: Saudi Arabia’s state grain organisation (SAGO) has agreed to buy 562,000 tonnes of wheat for delivery...

Published 01 Jun, 2021 04:59am

Markets

EU wheat rises

PARIS: European wheat prices rose on Monday, supported by Saudi Arabia's large wheat purchase, raising the prospects...

Published 01 Jun, 2021 04:59am

Markets

Russian wheat export prices down with global benchmarks

Prices for new-crop Russian wheat with 12.5% protein loading from Black Sea ports and for supply in the second half of July were at $256 a tonne free on board (FOB) at the end of last week, down $4 from the previous week, IKAR said.
IKAR and Sovecon forecast Russia's 2021 wheat crop at 79.5 million tonnes and 80.9 million tonnes respectively.

Published 31 May, 2021 06:43pm

Markets

Saudi Arabia's SAGO agrees to buy 562,000 tonnes of wheat

The tender for up to 720,000 tonnes of hard wheat with 12.5 percent protein content had closed on Friday.

Published 31 May, 2021 02:23pm

Markets

Palm oil signals mixed

However, a spinning top forming on May 28 around 4,026 ringgit suggests a possible shallow fall towards 3,938 ringgit.

Published 31 May, 2021 11:40am

Markets

Prices of essential food items surge in local market

PESHAWAR: Prices of essential kitchen items have increased in the local market, according to a survey conducted by...

Published 31 May, 2021 03:12am

Markets

French soft wheat, barley ratings rise

PARIS: The condition of French soft wheat and barley crops improved in the week to May 24, data from farm office...

Published 30 May, 2021 03:51am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 26	278.58
USD PKR Interbank Buying / Apr 26	278.28
USD to Japanese Yen / Apr 26	156.17
USD to Swiss Franc / Apr 26	0.91
Pound Sterling to USD / Apr 26	1.25
Euro to USD / Apr 26	1.07

Stock	Volume
S&P 500 / Apr 25	5048.42
Nasdaq / Apr 25	15611.76
Dow Jones / Apr 25	38085.80
India Sensex / Apr 26	74171.68
Tokyo Nikkei / Apr 26	37934.72
Hang Seng / Apr 26	17626.75
FTSE 100 / Apr 26	8123.98
Germany DAX 30 / Apr 26	18016.27

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 25	20535
Gold 10 Grams PKR / Apr 25	240900
Petrol/Litre / Apr 26	293.94
Crude Oil USD/Barrel / Apr 26	83.89
Gold Spot USD/Ounce / Apr 26	2336.33
Diesel/Litre / Apr 26	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 26 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 26 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 26 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 26 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 26 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 26 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 26 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 26 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 26 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 26 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 26 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 26 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 26 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 26 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 26 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 26 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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