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Dec 04, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2014-11-16
LPG price cut by Rs 5 per kg

LPG price cut by Rs 5 per kg

The price of Liquefied Petroleum Gas (LPG) was reduced by Rs 5/kg by various marketing companies country-wide on Saturday. An operation by Oil and Gas Regulatory Authority (Ogra) against LPG marketing companies was underway due to which the price cut has
Published 16 Nov, 2014 12:00am
LPG price cut by Rs 5 per kg

LPG price cut by Rs 5 per kg

The price of Liquefied Petroleum Gas (LPG) was reduced by Rs 5/kg by various marketing companies country-wide on Saturday. An operation by Oil and Gas Regulatory Authority (Ogra) against LPG marketing companies was underway due to which the price cut has
Published 16 Nov, 2014 12:00am
LPG price cut by Rs 5 per kg

LPG price cut by Rs 5 per kg

The price of Liquefied Petroleum Gas (LPG) was reduced by Rs 5/kg by various marketing companies country-wide on Saturday. An operation by Oil and Gas Regulatory Authority (Ogra) against LPG marketing companies was underway due to which the price cut has
Published 16 Nov, 2014 12:00am
Sialkot villages: Indian border forces carry out unprovoked firing

Sialkot villages: Indian border forces carry out unprovoked firing

Border Security Forces (BSF) of India on Saturday carried out unprovoked intense firing on villages in the Charwah Sector of the Sialkot Working Boundary. According to senior officials of the Chenab Rangers, the Indian BSF carried out unprovoked firing on
Published 16 Nov, 2014 12:00am
Sialkot villages: Indian border forces carry out unprovoked firing

Sialkot villages: Indian border forces carry out unprovoked firing

Border Security Forces (BSF) of India on Saturday carried out unprovoked intense firing on villages in the Charwah Sector of the Sialkot Working Boundary. According to senior officials of the Chenab Rangers, the Indian BSF carried out unprovoked firing on
Published 16 Nov, 2014 12:00am
SSGC clarification

SSGC clarification

With reference to the news published in Business Recorder regarding LNG Import price: Qatar lowers demand to $14-$16 per mmbtu dated November 15, it needs to be clarified that the MD SSGC Shoaib Warsi speaking to the journalists said that on the di
Published 16 Nov, 2014 12:00am
SSGC clarification

SSGC clarification

With reference to the news published in Business Recorder regarding LNG Import price: Qatar lowers demand to $14-$16 per mmbtu dated November 15, it needs to be clarified that the MD SSGC Shoaib Warsi speaking to the journalists said that on the di
Published 16 Nov, 2014 12:00am
SSGC clarification

SSGC clarification

With reference to the news published in Business Recorder regarding LNG Import price: Qatar lowers demand to $14-$16 per mmbtu dated November 15, it needs to be clarified that the MD SSGC Shoaib Warsi speaking to the journalists said that on the di
Published 16 Nov, 2014 12:00am
Erdogan says Muslims, not Columbus, discovered Americas

Erdogan says Muslims, not Columbus, discovered Americas

Turkish President Recep Tayyip Erdogan said Saturday that the Americas were discovered by Muslims in the 12th century, nearly three centuries before Christopher Columbus set foot there. "Contacts between Latin America and Islam date back to the 12th centu
Published 16 Nov, 2014 12:00am
Erdogan says Muslims, not Columbus, discovered Americas

Erdogan says Muslims, not Columbus, discovered Americas

Turkish President Recep Tayyip Erdogan said Saturday that the Americas were discovered by Muslims in the 12th century, nearly three centuries before Christopher Columbus set foot there. "Contacts between Latin America and Islam date back to the 12th centu
Published 16 Nov, 2014 12:00am
North Korea issues fresh warning of retaliatory strikes

North Korea issues fresh warning of retaliatory strikes

North Korea on Saturday warned of retaliatory strikes days after South Korea fired warning shots at a North Korean patrol near the border. South Korean troops on Monday fired warning shots as the North's patrol approached the military demarcation line (MD
Published 16 Nov, 2014 12:00am
North Korea issues fresh warning of retaliatory strikes

North Korea issues fresh warning of retaliatory strikes

North Korea on Saturday warned of retaliatory strikes days after South Korea fired warning shots at a North Korean patrol near the border. South Korean troops on Monday fired warning shots as the North's patrol approached the military demarcation line (MD
Published 16 Nov, 2014 12:00am
Air traffic controllers accused of lacking professionalism

Air traffic controllers accused of lacking professionalism

The Civil Aviation Authority (CAA) seems to have drawn no lesson from the worst Airblue plane crash as air traffic controllers at the Islamabad Airport are dilettante and oftentimes commit errors, exacerbating safety issues for Islamabad-bound or departin
Published 16 Nov, 2014 12:00am
Air traffic controllers accused of lacking professionalism

Air traffic controllers accused of lacking professionalism

The Civil Aviation Authority (CAA) seems to have drawn no lesson from the worst Airblue plane crash as air traffic controllers at the Islamabad Airport are dilettante and oftentimes commit errors, exacerbating safety issues for Islamabad-bound or departin
Published 16 Nov, 2014 12:00am
Air traffic controllers accused of lacking professionalism

Air traffic controllers accused of lacking professionalism

The Civil Aviation Authority (CAA) seems to have drawn no lesson from the worst Airblue plane crash as air traffic controllers at the Islamabad Airport are dilettante and oftentimes commit errors, exacerbating safety issues for Islamabad-bound or departin
Published 16 Nov, 2014 12:00am
Rat poison chemical found in pills linked to India sterilisation deaths

Rat poison chemical found in pills linked to India sterilisation deaths

Tablets linked to the deaths of more than a dozen women who visited a sterilisation camp in India are likely to have contained a chemical compound commonly used in rat poison, two senior officials in Chhattisgarh state said on Saturday. Preliminary tests
Published 16 Nov, 2014 12:00am
Rat poison chemical found in pills linked to India sterilisation deaths

Rat poison chemical found in pills linked to India sterilisation deaths

Tablets linked to the deaths of more than a dozen women who visited a sterilisation camp in India are likely to have contained a chemical compound commonly used in rat poison, two senior officials in Chhattisgarh state said on Saturday. Preliminary tests
Published 16 Nov, 2014 12:00am
SBP HIGHLIGHTS

SBP HIGHLIGHTS

In real terms PKR appreciated by 0.7 percent in September 2014. However, PKR has depreciated by 3.5 percent in the current financial year.
Published 16 Nov, 2014 12:00am
SBP HIGHLIGHTS

SBP HIGHLIGHTS

In real terms PKR appreciated by 0.7 percent in September 2014. However, PKR has depreciated by 3.5 percent in the current financial year.
Published 16 Nov, 2014 12:00am
SBP HIGHLIGHTS

SBP HIGHLIGHTS

In real terms PKR appreciated by 0.7 percent in September 2014. However, PKR has depreciated by 3.5 percent in the current financial year.
Published 16 Nov, 2014 12:00am
50bps reduction: SBP cuts policy rate, albeit reluctantly

50bps reduction: SBP cuts policy rate, albeit reluctantly

Giving a clear signal to the market that the lending rates have peaked and will now reverse, State Bank of Pakistan (SBP) decided to cut its policy rate by 50 basis points, ie, from 10 percent to 9.50 percent with effect from November 17, 2014. The adviso
Published 16 Nov, 2014 12:00am
50bps reduction: SBP cuts policy rate, albeit reluctantly

50bps reduction: SBP cuts policy rate, albeit reluctantly

Giving a clear signal to the market that the lending rates have peaked and will now reverse, State Bank of Pakistan (SBP) decided to cut its policy rate by 50 basis points, ie, from 10 percent to 9.50 percent with effect from November 17, 2014. The adviso
Published 16 Nov, 2014 12:00am
50bps reduction: SBP cuts policy rate, albeit reluctantly

50bps reduction: SBP cuts policy rate, albeit reluctantly

Giving a clear signal to the market that the lending rates have peaked and will now reverse, State Bank of Pakistan (SBP) decided to cut its policy rate by 50 basis points, ie, from 10 percent to 9.50 percent with effect from November 17, 2014. The adviso
Published 16 Nov, 2014 12:00am
UAE lists over 80 Muslim 'terrorist' groups

UAE lists over 80 Muslim 'terrorist' groups

The United Arab Emirates, which belongs to a US-led coalition fighting jihadists, on Saturday issued a list of 83 Islamist groups which it classified as "terrorist organisations". The list, approved by the cabinet and published on the official WAM news ag
Published 16 Nov, 2014 12:00am
UAE lists over 80 Muslim 'terrorist' groups

UAE lists over 80 Muslim 'terrorist' groups

The United Arab Emirates, which belongs to a US-led coalition fighting jihadists, on Saturday issued a list of 83 Islamist groups which it classified as "terrorist organisations". The list, approved by the cabinet and published on the official WAM news ag
Published 16 Nov, 2014 12:00am
No invitation sent to Imran: spokesman for Prime Minister

No invitation sent to Imran: spokesman for Prime Minister

Musaddaq Malik, Spokesman for the Prime Minister Saturday evening rejected assertion by Imran Khan that Mian Nawaz Sharif has invited him for talks. The spokesman said no such offer has been made and the PTI Chairman was making misstatement. He said when
Published 16 Nov, 2014 12:00am
No invitation sent to Imran: spokesman for Prime Minister

No invitation sent to Imran: spokesman for Prime Minister

Musaddaq Malik, Spokesman for the Prime Minister Saturday evening rejected assertion by Imran Khan that Mian Nawaz Sharif has invited him for talks. The spokesman said no such offer has been made and the PTI Chairman was making misstatement. He said when
Published 16 Nov, 2014 12:00am
Imran rules out talks with government

Imran rules out talks with government

PTI Chairman Imran Khan said here on Friday that he will neither end his "sit-in" nor talk to the government. Addressing thousands of his supporters in Sahiwal, he said he will not hold talks with the government after the issuance of his arrest warrant.
Published 16 Nov, 2014 12:00am
Imran rules out talks with government

Imran rules out talks with government

PTI Chairman Imran Khan said here on Friday that he will neither end his "sit-in" nor talk to the government. Addressing thousands of his supporters in Sahiwal, he said he will not hold talks with the government after the issuance of his arrest warrant.
Published 16 Nov, 2014 12:00am
Putin to quit G20 summit after rebukes over Ukraine

Putin to quit G20 summit after rebukes over Ukraine

Russian President Vladimir Putin is to walk out of a G20 summit in Australia, an aide said Saturday, after he faced scorn and scepticism from Western leaders over Ukraine despite venturing to paper over Europe's deepest chill in relations since the Cold W
Published 16 Nov, 2014 12:00am
Putin to quit G20 summit after rebukes over Ukraine

Putin to quit G20 summit after rebukes over Ukraine

Russian President Vladimir Putin is to walk out of a G20 summit in Australia, an aide said Saturday, after he faced scorn and scepticism from Western leaders over Ukraine despite venturing to paper over Europe's deepest chill in relations since the Cold W
Published 16 Nov, 2014 12:00am
Obama says US cannot carry ''world economy on our back''

Obama says US cannot carry ''world economy on our back''

President Barack Obama on Saturday said the United States cannot "carry the world economy on our back" and urged G20 leaders to work harder to create jobs by revving up growth. His appeal during a speech on the sidelines of the G20 summit in Brisbane come
Published 16 Nov, 2014 12:00am
Obama says US cannot carry 'world economy on our back'

Obama says US cannot carry 'world economy on our back'

President Barack Obama on Saturday said the United States cannot "carry the world economy on our back" and urged G20 leaders to work harder to create jobs by revving up growth. His appeal during a speech on the sidelines of the G20 summit in Brisbane come
Published 16 Nov, 2014 12:00am
Obama says US cannot carry 'world economy on our back'

Obama says US cannot carry 'world economy on our back'

President Barack Obama on Saturday said the United States cannot "carry the world economy on our back" and urged G20 leaders to work harder to create jobs by revving up growth. His appeal during a speech on the sidelines of the G20 summit in Brisbane come
Published 16 Nov, 2014 12:00am
Screening counters set up at two airports

Screening counters set up at two airports

Civil Aviation Authority (CAA) has established screening counters at Karachi and Islamabad airports to check Ebola suspects coming from various destinations, including West African countries. A spokesman for the CAA told Business Recorder on Saturd
Published 16 Nov, 2014 12:00am
Screening counters set up at two airports

Screening counters set up at two airports

Civil Aviation Authority (CAA) has established screening counters at Karachi and Islamabad airports to check Ebola suspects coming from various destinations, including West African countries. A spokesman for the CAA told Business Recorder on Saturd
Published 16 Nov, 2014 12:00am
Screening counters set up at two airports

Screening counters set up at two airports

Civil Aviation Authority (CAA) has established screening counters at Karachi and Islamabad airports to check Ebola suspects coming from various destinations, including West African countries. A spokesman for the CAA told Business Recorder on Saturd
Published 16 Nov, 2014 12:00am
Tense G20 vows action on Ebola as climate returns to fore

Tense G20 vows action on Ebola as climate returns to fore

Feuding G20 leaders found common ground on Saturday in vowing to "extinguish" the Ebola outbreak as they worked to revamp the global economy at a summit marked by discord over Ukraine and climate change. Along with the crisis between Ukraine and Russia, a
Published 16 Nov, 2014 12:00am
Tense G20 vows action on Ebola as climate returns to fore

Tense G20 vows action on Ebola as climate returns to fore

Feuding G20 leaders found common ground on Saturday in vowing to "extinguish" the Ebola outbreak as they worked to revamp the global economy at a summit marked by discord over Ukraine and climate change. Along with the crisis between Ukraine and Russia, a
Published 16 Nov, 2014 12:00am
WHO warns Pakistan to curb polio or face travel restrictions

WHO warns Pakistan to curb polio or face travel restrictions

The World Health Organisation (WHO) has warned Islamabad that screening of Pakistani passengers would be carried out at international airports if the country failed to control the spread of polio virus. It has also sought complete data of Pakistanis who h
Published 16 Nov, 2014 12:00am
WHO warns Pakistan to curb polio or face travel restrictions

WHO warns Pakistan to curb polio or face travel restrictions

The World Health Organisation (WHO) has warned Islamabad that screening of Pakistani passengers would be carried out at international airports if the country failed to control the spread of polio virus. It has also sought complete data of Pakistanis who h
Published 16 Nov, 2014 12:00am
Punjab-based textile sector: Ministers divided over gas supply

Punjab-based textile sector: Ministers divided over gas supply

Prime Minister Nawaz Sharif''s key Ministers are reportedly scuffling with each other on the issue of gas supply to Punjab-based textile sector during winter months, well informed sources told Business Recorder. According to sources, Minister for F
Published 16 Nov, 2014 12:00am
Punjab-based textile sector: Ministers divided over gas supply

Punjab-based textile sector: Ministers divided over gas supply

Prime Minister Nawaz Sharif's key Ministers are reportedly scuffling with each other on the issue of gas supply to Punjab-based textile sector during winter months, well informed sources told Business Recorder. According to sources, Minister for Fi
Published 16 Nov, 2014 12:00am
Punjab-based textile sector: Ministers divided over gas supply

Punjab-based textile sector: Ministers divided over gas supply

Prime Minister Nawaz Sharif's key Ministers are reportedly scuffling with each other on the issue of gas supply to Punjab-based textile sector during winter months, well informed sources told Business Recorder. According to sources, Minister for Fi
Published 16 Nov, 2014 12:00am
The Weather

The Weather

The weather report on Saturday (November 15, 2014) and the forecast for Sunday (November 16, 2014).

Published 16 Nov, 2014 12:00am
Tsunami warning issued: quake measuring 7.3 strikes in Indonesia

Tsunami warning issued: quake measuring 7.3 strikes in Indonesia

A major earthquake with a magnitude of 7.3 was recorded off the Moluccas in Indonesia on Saturday, the US Geological Survey said, and a tsunami warning was issued for the area near the quake. The Pacific Tsunami Warning Center in Hawaii said hazardous tsu
Published 16 Nov, 2014 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (November 15, 2014).

Published 16 Nov, 2014 12:00am
Tsunami warning issued: quake measuring 7.3 strikes in Indonesia

Tsunami warning issued: quake measuring 7.3 strikes in Indonesia

A major earthquake with a magnitude of 7.3 was recorded off the Moluccas in Indonesia on Saturday, the US Geological Survey said, and a tsunami warning was issued for the area near the quake. The Pacific Tsunami Warning Center in Hawaii said hazardous tsu
Published 16 Nov, 2014 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (November 15, 2014).

Published 16 Nov, 2014 12:00am
Coal-fired power: China shows no interest in many Punjab projects

Coal-fired power: China shows no interest in many Punjab projects

China is not willing to assist Pakistan in many coal-based power plants in Punjab due to the costs involved in transporting coal. Gwadar coal-fired project has also failed to attract China''s interest, it is learnt. According to sources, the Chinese have
Published 16 Nov, 2014 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Saturday (November 15, 2014) and for Sunday (November 16, 2014).
Published 16 Nov, 2014 12:00am
Coal-fired power: China shows no interest in many Punjab projects

Coal-fired power: China shows no interest in many Punjab projects

China is not willing to assist Pakistan in many coal-based power plants in Punjab due to the costs involved in transporting coal. Gwadar coal-fired project has also failed to attract China's interest, it is learnt. According to sources, the Chinese have n
Published 16 Nov, 2014 12:00am
Coal-fired power: China shows no interest in many Punjab projects

Coal-fired power: China shows no interest in many Punjab projects

China is not willing to assist Pakistan in many coal-based power plants in Punjab due to the costs involved in transporting coal. Gwadar coal-fired project has also failed to attract China's interest, it is learnt. According to sources, the Chinese have n
Published 16 Nov, 2014 12:00am
Government may further revise cotton production target downward

Government may further revise cotton production target downward

The government may further revise cotton production target downward and set it at 13 million bales for the current season (2014-15) against the initial target of 15.1 million bales, following early termination of the crop, it is learnt. Official sources r
Published 16 Nov, 2014 12:00am
Government may further revise cotton production target downward

Government may further revise cotton production target downward

The government may further revise cotton production target downward and set it at 13 million bales for the current season (2014-15) against the initial target of 15.1 million bales, following early termination of the crop, it is learnt. Official sources r
Published 16 Nov, 2014 12:00am
Government may further revise cotton production target downward

Government may further revise cotton production target downward

The government may further revise cotton production target downward and set it at 13 million bales for the current season (2014-15) against the initial target of 15.1 million bales, following early termination of the crop, it is learnt. Official sources r
Published 16 Nov, 2014 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (November 15, 2014)

Published 16 Nov, 2014 12:00am
Clashes between Taliban and tribal militia kill five

Clashes between Taliban and tribal militia kill five

Taliban insurgents on Saturday clashed with government-backed tribal militia in Khyber, killing five militants, officials said. The incident occurred in Speena Danda area of Khyber tribal district. "Five Taliban were killed and seven anti-Taliban militia
Published 16 Nov, 2014 12:00am
Clashes between Taliban and tribal militia kill five

Clashes between Taliban and tribal militia kill five

Taliban insurgents on Saturday clashed with government-backed tribal militia in Khyber, killing five militants, officials said. The incident occurred in Speena Danda area of Khyber tribal district. "Five Taliban were killed and seven anti-Taliban militia
Published 16 Nov, 2014 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (November 15, 2014).

Published 16 Nov, 2014 12:00am
Nawaz, Ghani pledge to end turbulent ties

Nawaz, Ghani pledge to end turbulent ties

Pakistan and Afghanistan have reaffirmed their resolve at the highest level to transform bilateral ties and build up a relationship marked with close co-operation on the political and security planes, having a strong economic foundation. This commitment w
Published 16 Nov, 2014 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (November 15, 2014).

Published 16 Nov, 2014 12:00am
Nawaz, Ghani pledge to end turbulent ties

Nawaz, Ghani pledge to end turbulent ties

Pakistan and Afghanistan have reaffirmed their resolve at the highest level to transform bilateral ties and build up a relationship marked with close co-operation on the political and security planes, having a strong economic foundation. This commitment w
Published 16 Nov, 2014 12:00am
Automart: car prices in Karachi

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (November 15, 2014).

Published 16 Nov, 2014 12:00am
AGP for placing SROs before Parliament for approval

AGP for placing SROs before Parliament for approval

Auditor General of Pakistan (AGP) has emphasised that the Federal Board of Revenue (FBR) must place statutory regulatory orders (SROs) pertaining to exemptions/concessions, issued during Financial Years before the Parliament for approval to avoid loss of
Published 16 Nov, 2014 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (November 15, 2014).

Published 16 Nov, 2014 12:00am
AGP for placing SROs before Parliament for approval

AGP for placing SROs before Parliament for approval

Auditor General of Pakistan (AGP) has emphasised that the Federal Board of Revenue (FBR) must place statutory regulatory orders (SROs) pertaining to exemptions/concessions, issued during Financial Years before the Parliament for approval to avoid loss of
Published 16 Nov, 2014 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (November 15, 2014).

Published 16 Nov, 2014 12:00am
AGP for placing SROs before Parliament for approval

AGP for placing SROs before Parliament for approval

Auditor General of Pakistan (AGP) has emphasised that the Federal Board of Revenue (FBR) must place statutory regulatory orders (SROs) pertaining to exemptions/concessions, issued during Financial Years before the Parliament for approval to avoid loss of
Published 16 Nov, 2014 12:00am
AGP for placing SROs before Parliament for approval

AGP for placing SROs before Parliament for approval

Auditor General of Pakistan (AGP) has emphasised that the Federal Board of Revenue (FBR) must place statutory regulatory orders (SROs) pertaining to exemptions/concessions, issued during Financial Years before the Parliament for approval to avoid loss of
Published 16 Nov, 2014 12:00am
THE RUPEE: rates firm

THE RUPEE: rates firm

The rupee was unchanged against the dollar on the money market on Saturday in the process of trading, dealers said. The local currency managed to resist fall amid announcement of policy rate, in which the State Bank of Pakistan has decided to reduce the p
Published 16 Nov, 2014 12:00am
THE RUPEE: rates firm

THE RUPEE: rates firm

The rupee was unchanged against the dollar on the money market on Saturday in the process of trading, dealers said. The local currency managed to resist fall amid announcement of policy rate, in which the State Bank of Pakistan has decided to reduce the p
Published 16 Nov, 2014 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Saturday (November 15, 2014).

Published 16 Nov, 2014 12:00am
World currencies and dollar

World currencies and dollar

Value of the dollar in terms of other world currencies as prevailing in the week ended Saturday (November 15, 2014).

Published 16 Nov, 2014 12:00am
Palm oil prices mostly lower on European vegoils market

Palm oil prices mostly lower on European vegoils market

Palm oil prices on the European vegetable oils market were mostly lower on Wednesday, giving up some of the previous day's gains, although the market was underpinned by falling production in Indonesia. Crude palm oil offers were unchanged to $5.00 a tonne
Published 16 Nov, 2014 12:00am
US FOB Gulf wheat offers lower

US FOB Gulf wheat offers lower

US FOB Gulf basis wheat basis offers were marked 10 cents a bushel lower for nearby shipments late Friday, reacting to slow exports and the biggest weekly jump in futures since July 2012, traders said. Corn and soyabean basis values were steady as futures
Published 16 Nov, 2014 12:00am
Indian gold curbs still possible after inconclusive policy meeting

Indian gold curbs still possible after inconclusive policy meeting

India's Finance Ministry and central bank will reconvene in a day or two after failing to come to a decision on Thursday over whether to restrict gold imports after inbound shipments surged in the past two months, pressuring the country's trade deficit.
Published 16 Nov, 2014 12:00am
Oil cake market rates

Oil cake market rates

No major change was witnessed on the forward cottonseeds oilcake market on Saturday in the process of trading, dealers said. The December contract closed at Rs 1500.00 and commenced at the same rate in the morning session, they said. The January vaida end
Published 16 Nov, 2014 12:00am
Cotton market: prices fall amid easy supply position

Cotton market: prices fall amid easy supply position

Modest fall was seen in the rates on the cotton market on Saturday amid comfortable supply position, dealers said. The official spot rate was down by Rs 50 to Rs 5,000, they added. In the ready session, around 18,000 bales of cotton changed hands at Rs 47
Published 16 Nov, 2014 12:00am
India's January-September tea exports drop

India's January-September tea exports drop

India's tea exports in first nine months of 2014 eased 1.5 percent from a year earlier to 146.17 million kg, the state-run Tea Board said in a statement on Friday. The world's second biggest tea producer exports CTC (crush-tear-curl) variety, mainly to Eg
Published 16 Nov, 2014 12:00am
Asian naphtha crack falls on ample supplies

Asian naphtha crack falls on ample supplies

The Asian naphtha crack fell 16 percent to $57.22 a tonne on Friday after two straight days of gains as demand for second-half December cargoes tapered off against ample supplies. The market hit a lull after a string of purchases this week from South Kore
Published 16 Nov, 2014 12:00am
Easier trend on grain market

Easier trend on grain market

An easier trend prevailed on the wholesale grain market on Saturday in the process of modest trading, dealers said. On the seeds side, Til (regular) low type shed Rs 200 to Rs 5000 while the best quality did not move any side due to balanced demand and su
Published 16 Nov, 2014 12:00am
US natural gas futures end up on cold weather forecasts

US natural gas futures end up on cold weather forecasts

US natural gas futures ended up 1.1 percent on Friday in a choppy market as the latest weather forecasts calling for colder weather over the next two weeks offset a slightly bigger-than-expected storage build. The front-month started in positive territory
Published 16 Nov, 2014 12:00am
Third of Ukraine's winter crops at risk due frosts

Third of Ukraine's winter crops at risk due frosts

Nearly a third of Ukrainian winter grain crops sown for the 2015 harvest are under threat and could be damaged by frosts, the state weather forecaster said on Thursday. "According to very preliminary information, around 30 percent of crops are in the risk
Published 16 Nov, 2014 12:00am
Thermal coal futures prices hold above seven-year low

Thermal coal futures prices hold above seven-year low

Thermal coal futures prices held above a more than seven-year low on Friday as a temporary mines closure by the world's largest exporter of thermal coal Glencore Plc helped support prices. European API2 2015 coal futures edged up 40 cents to $71.35 a tonn
Published 16 Nov, 2014 12:00am
Saudi Arabia to double natural gas output by 2030

Saudi Arabia to double natural gas output by 2030

Saudi Arabia, the world's top oil exporter, will double its natural gas output by 2030 but plans to keep all of it at home to fuel domestic growth, the country's oil minister said on Wednesday. "Within the next decade, Saudi Arabia will more than double i
Published 16 Nov, 2014 12:00am
German rapeseed sowings for 2015 crop down

German rapeseed sowings for 2015 crop down

The area sown in Germany with winter rapeseed for the 2015 harvest is down 5.2 percent on the year to 1,323,000 hectares, German oilseeds industry association UFOP estimated on Tuesday. A survey commissioned by UFOP of 4,809 German farmers found that 38 p
Published 16 Nov, 2014 12:00am
Kenya's top grade tea prices steady

Kenya's top grade tea prices steady

The maximum price of the top grade Kenyan tea held steady at$3.40 at this week's auction, Africa Tea Brokers (ATB) said on Thursday. Kenya is the world's leading exporter of black tea and the crop is a major source of foreign exchange. The east African co
Published 16 Nov, 2014 12:00am
CBOT wheat rises to three months high

CBOT wheat rises to three months high

Chicago Board of Trade wheat rose to a three-month high on Friday and posted its biggest weekly advance in two years, buoyed by fund buying and worries about a cold spell harming US crop prospects, traders said. K.C. hard red winter wheat and MGEX spring
Published 16 Nov, 2014 12:00am
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