AIRLINK 212.82 Increased By ▲ 3.27 (1.56%)
BOP 10.25 Decreased By ▼ -0.21 (-2.01%)
CNERGY 7.00 Decreased By ▼ -0.35 (-4.76%)
FCCL 33.47 Decreased By ▼ -0.92 (-2.68%)
FFL 17.64 Decreased By ▼ -0.41 (-2.27%)
FLYNG 21.82 Decreased By ▼ -1.10 (-4.8%)
HUBC 129.11 Decreased By ▼ -3.38 (-2.55%)
HUMNL 13.86 Decreased By ▼ -0.28 (-1.98%)
KEL 4.86 Decreased By ▼ -0.17 (-3.38%)
KOSM 6.93 Decreased By ▼ -0.14 (-1.98%)
MLCF 43.63 Decreased By ▼ -1.57 (-3.47%)
OGDC 212.95 Decreased By ▼ -5.43 (-2.49%)
PACE 7.22 Decreased By ▼ -0.36 (-4.75%)
PAEL 41.17 Decreased By ▼ -0.53 (-1.27%)
PIAHCLA 16.83 Decreased By ▼ -0.47 (-2.72%)
PIBTL 8.63 Increased By ▲ 0.08 (0.94%)
POWERPS 12.50 No Change ▼ 0.00 (0%)
PPL 183.03 Decreased By ▼ -6.00 (-3.17%)
PRL 39.63 Decreased By ▼ -2.70 (-6.38%)
PTC 24.73 Decreased By ▼ -0.44 (-1.75%)
SEARL 98.01 Decreased By ▼ -5.95 (-5.72%)
SILK 1.01 Decreased By ▼ -0.02 (-1.94%)
SSGC 41.73 Increased By ▲ 2.49 (6.35%)
SYM 18.86 Decreased By ▼ -0.30 (-1.57%)
TELE 9.00 Decreased By ▼ -0.24 (-2.6%)
TPLP 12.40 Decreased By ▼ -0.70 (-5.34%)
TRG 65.68 Decreased By ▼ -3.50 (-5.06%)
WAVESAPP 10.98 Increased By ▲ 0.26 (2.43%)
WTL 1.79 Increased By ▲ 0.08 (4.68%)
YOUW 4.03 Decreased By ▼ -0.11 (-2.66%)
BR100 11,866 Decreased By -213.1 (-1.76%)
BR30 35,697 Decreased By -905.3 (-2.47%)
KSE100 114,148 Decreased By -1904.2 (-1.64%)
KSE30 35,952 Decreased By -625.5 (-1.71%)

A meeting held here on Thursday with the secretary food, agriculture and livestock in chair reviewed the wheat availability, stock, supply and price position in the country. The meeting, which was convened on the directives of Prime Minister, Shaukat Aziz was attended by the additional secretary, food, secretaries of the provinces, representatives of NLC, railways, Passco and TCP. The position of availability and supply of wheat was found to be satisfactory.
The meeting was informed that the public sector godowns and Passco, for release to the flourmills have more than 2.7 million tons wheat in stock that will be further augmented after importing wheat of one million tons.
The meeting was also informed that 0.3 million tons has already been dispatched to the NWFP, Balochistan and Sindh, whereas 0.5 million tons more wheat was being imported.
Releases to the flourmills, 165,000 tons and 400,000 tons a month by Sindh and Punjab government was also found satisfactory. Moreover, Punjab is also sending 6,000 MT of wheat flour every day or 180,000 MT a month to other parts of country to maintain prices. On the position of prices of wheat and Atta, the meeting discussed ways and means to bring prices bit lower. It was decided that release to the flourmills should be enhanced.
The private sector traders are holding 0.6 million tons stock pledged with the bank, which is expected to be released this month. The private sector has additional wheat for consumption, trading and seed purposes.
On transportation of imported wheat, it was observed that it was on schedule, as the railways assured to provide 240 wagons each day for transportation of imported wheat to NWFP and Balochistan.
Sindh was transporting 4,000 tons wheat daily through NLC trucks. All the provinces have expedited lift of wheat to improve supply position. The transportation will further improve after Ramazan.
Sindh is satisfied with the stock in government godowns at over 665,000 MT, Punjab has 2.1 million MT and after getting share from the imported wheat to have 2.3 million MT for the remaining months till next crop, and NWFP will have 0.4 million MT in the public sector.

Copyright Associated Press of Pakistan, 2004

Comments

Comments are closed.