AGL 40.30 Increased By ▲ 0.30 (0.75%)
AIRLINK 127.32 Increased By ▲ 0.28 (0.22%)
BOP 6.62 Decreased By ▼ -0.05 (-0.75%)
CNERGY 4.51 No Change ▼ 0.00 (0%)
DCL 8.60 Increased By ▲ 0.05 (0.58%)
DFML 41.85 Increased By ▲ 0.41 (0.99%)
DGKC 87.75 Increased By ▲ 0.90 (1.04%)
FCCL 32.80 Increased By ▲ 0.52 (1.61%)
FFBL 64.90 Increased By ▲ 0.10 (0.15%)
FFL 10.33 Increased By ▲ 0.08 (0.78%)
HUBC 109.80 Increased By ▲ 0.23 (0.21%)
HUMNL 14.81 Increased By ▲ 0.13 (0.89%)
KEL 5.12 Increased By ▲ 0.07 (1.39%)
KOSM 7.54 Increased By ▲ 0.08 (1.07%)
MLCF 41.90 Increased By ▲ 0.52 (1.26%)
NBP 59.67 Decreased By ▼ -0.74 (-1.22%)
OGDC 194.50 Increased By ▲ 4.40 (2.31%)
PAEL 28.27 Increased By ▲ 0.44 (1.58%)
PIBTL 7.80 Decreased By ▼ -0.03 (-0.38%)
PPL 152.10 Increased By ▲ 2.04 (1.36%)
PRL 26.62 Decreased By ▼ -0.26 (-0.97%)
PTC 16.25 Increased By ▲ 0.18 (1.12%)
SEARL 86.02 Increased By ▲ 0.02 (0.02%)
TELE 7.63 Decreased By ▼ -0.08 (-1.04%)
TOMCL 35.40 Decreased By ▼ -0.01 (-0.03%)
TPLP 8.17 Increased By ▲ 0.05 (0.62%)
TREET 16.18 Decreased By ▼ -0.23 (-1.4%)
TRG 52.99 Decreased By ▼ -0.30 (-0.56%)
UNITY 26.74 Increased By ▲ 0.58 (2.22%)
WTL 1.25 Decreased By ▼ -0.01 (-0.79%)
BR100 9,950 Increased By 65.8 (0.67%)
BR30 30,912 Increased By 312.2 (1.02%)
KSE100 93,904 Increased By 548.7 (0.59%)
KSE30 29,099 Increased By 167.8 (0.58%)

Traders' outlook for grains, including wheat, turned bullish while that for soya and soya products became bearish to reflect weak demand, according to a survey by a Chinese grain think-tank.
The outlook for soyabeans remained weak, and crushers have not increased their imports significantly after a decline in Chicago Board of Trade soya prices, said the China National Grain and Oils Information Centre (CNGOIC) in a report.
Stocks of imported soyabeans were still high at ports, with June arrivals seen at 2.8 million tonnes, slightly lower than May's imports of 2.96 million tonnes. The soyameal outlook turned bearish again after last week's short, strong performance. Demand has not improved much and sales of soyameal were sluggish in most of the country. Meal stocks remained high, and that was likely to keep pressure on prices over the coming weeks.

Copyright Reuters, 2007

Comments

Comments are closed.