AIRLINK 198.25 Decreased By ▼ -2.50 (-1.25%)
BOP 10.13 Decreased By ▼ -0.08 (-0.78%)
CNERGY 7.59 Decreased By ▼ -0.12 (-1.56%)
FCCL 39.30 Decreased By ▼ -0.76 (-1.9%)
FFL 16.54 Decreased By ▼ -0.27 (-1.61%)
FLYNG 26.52 Decreased By ▼ -0.13 (-0.49%)
HUBC 131.40 Decreased By ▼ -1.20 (-0.9%)
HUMNL 14.00 Increased By ▲ 0.08 (0.57%)
KEL 4.64 Decreased By ▼ -0.01 (-0.22%)
KOSM 6.59 No Change ▼ 0.00 (0%)
MLCF 45.90 Decreased By ▼ -0.84 (-1.8%)
OGDC 211.50 Decreased By ▼ -0.93 (-0.44%)
PACE 6.88 Decreased By ▼ -0.02 (-0.29%)
PAEL 42.39 Increased By ▲ 1.11 (2.69%)
PIAHCLA 17.14 Increased By ▲ 0.14 (0.82%)
PIBTL 8.03 Decreased By ▼ -0.08 (-0.99%)
POWER 9.35 Decreased By ▼ -0.07 (-0.74%)
PPL 181.00 Decreased By ▼ -0.46 (-0.25%)
PRL 41.02 Decreased By ▼ -0.76 (-1.82%)
PTC 25.95 Increased By ▲ 1.25 (5.06%)
SEARL 110.30 Decreased By ▼ -1.54 (-1.38%)
SILK 1.01 Increased By ▲ 0.01 (1%)
SSGC 39.90 Decreased By ▼ -4.02 (-9.15%)
SYM 19.42 Increased By ▲ 0.44 (2.32%)
TELE 8.85 Decreased By ▼ -0.02 (-0.23%)
TPLP 12.80 Decreased By ▼ -0.12 (-0.93%)
TRG 66.58 Decreased By ▼ -0.89 (-1.32%)
WAVESAPP 11.30 Decreased By ▼ -0.12 (-1.05%)
WTL 1.77 Decreased By ▼ -0.02 (-1.12%)
YOUW 4.00 Increased By ▲ 0.01 (0.25%)
BR100 12,190 Increased By 19.2 (0.16%)
BR30 36,484 Decreased By -104.8 (-0.29%)
KSE100 114,717 Decreased By -163.6 (-0.14%)
KSE30 36,086 Decreased By -39.1 (-0.11%)

Sindh food department claimed to have procured over 0.3 million tonnes of wheat till Monday and is well on its way to achieve its wheat procurement target of 0.5 million tonnes. Food department sources claimed that in view of the crop size, there are possibility that the target would be further enhance by 0.1 million tonnes to maintain stability in price structure.
Referring to wheat price, these sources said that delay in availability in gunny bags had affected the price structure, which had shaded Rs 20 to Rs 30 against the state set price. Now the finance department has released the amount for additional gunny bags and allowed lifting the stuck-up stock of gunny bags, which will help to accelerate the pace of procurement campaign and help us to surpass the target.
They said that climatic change with sporadic high velocity winds and drizzle also affected the thrashing process but by the end of the current month the process would gain momentum and so the procurement campaign. Meanwhile, the Passco has procured 150,000-tonnes wheat from Sindh.
According to them, harvesting in 15 Tehsils, from where the corporation is entitled to procure wheat, has only been procured 13.8 percent so far but by end of the harvest its procurement would be much higher.

Copyright Business Recorder, 2005

Comments

Comments are closed.