AIRLINK 214.02 Increased By ▲ 4.47 (2.13%)
BOP 10.40 Decreased By ▼ -0.06 (-0.57%)
CNERGY 7.19 Decreased By ▼ -0.16 (-2.18%)
FCCL 34.15 Decreased By ▼ -0.24 (-0.7%)
FFL 18.27 Increased By ▲ 0.22 (1.22%)
FLYNG 22.88 Decreased By ▼ -0.04 (-0.17%)
HUBC 130.70 Decreased By ▼ -1.79 (-1.35%)
HUMNL 14.25 Increased By ▲ 0.11 (0.78%)
KEL 5.05 Increased By ▲ 0.02 (0.4%)
KOSM 7.10 Increased By ▲ 0.03 (0.42%)
MLCF 44.90 Decreased By ▼ -0.30 (-0.66%)
OGDC 218.94 Increased By ▲ 0.56 (0.26%)
PACE 7.70 Increased By ▲ 0.12 (1.58%)
PAEL 42.10 Increased By ▲ 0.40 (0.96%)
PIAHCLA 17.51 Increased By ▲ 0.21 (1.21%)
PIBTL 8.84 Increased By ▲ 0.29 (3.39%)
POWERPS 12.50 No Change ▼ 0.00 (0%)
PPL 186.95 Decreased By ▼ -2.08 (-1.1%)
PRL 41.94 Decreased By ▼ -0.39 (-0.92%)
PTC 25.40 Increased By ▲ 0.23 (0.91%)
SEARL 102.69 Decreased By ▼ -1.27 (-1.22%)
SILK 1.04 Increased By ▲ 0.01 (0.97%)
SSGC 41.00 Increased By ▲ 1.76 (4.49%)
SYM 19.28 Increased By ▲ 0.12 (0.63%)
TELE 9.27 Increased By ▲ 0.03 (0.32%)
TPLP 12.80 Decreased By ▼ -0.30 (-2.29%)
TRG 69.10 Decreased By ▼ -0.08 (-0.12%)
WAVESAPP 10.68 Decreased By ▼ -0.04 (-0.37%)
WTL 1.91 Increased By ▲ 0.20 (11.7%)
YOUW 4.12 Decreased By ▼ -0.02 (-0.48%)
BR100 12,117 Increased By 37.5 (0.31%)
BR30 36,632 Increased By 29.6 (0.08%)
KSE100 116,240 Increased By 187 (0.16%)
KSE30 36,627 Increased By 48.9 (0.13%)

The Pakistan Tanners Association (PTA) has sharply criticised the increase in petroleum prices for second time in a month and said that such increasing trend in POL prices would further add to the cost of production of industries especially the export oriented ones. PTA Chairman Khawaja M Yousuf said in a statement here on Wednesday that increase in cost of production due to petrol prices would render the Pakistani products non-competitive in global market.
He said that despite continuous appeals and protests lodged by common people, transporters and businessmen, the POL prices were being enhanced time and again.
It seems that the Government has no realistic policy to mitigate the grievances of the masses, he said adding that it was not known where the prices would stand in future.-PR

Copyright Business Recorder, 2005

Comments

Comments are closed.