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Sep 19, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2017-08-20
Independence Day celebrated in Canada

Independence Day celebrated in Canada

Canadians and the Pakistani-Canadian Community joined together to celebrate 70th anniversary of Pakistan's independence and Canada's 150 Anniversary at the Horticulture building Lansdowne Park. Thousands of Canadians visited the venue to join the two days
Published 20 Aug, 2017 12:00am
Robberies, street crimes continue to rise in Islamabad

Robberies, street crimes continue to rise in Islamabad

The federal capital saw an increase in incidents of robberies and snatching during the last week, as various police stations of the city registered nine such cases. According to the data gathered by Business Recorder through registered first inform
Published 20 Aug, 2017 12:00am
Ukrainian PM felicitates Khaqan Abbasi

Ukrainian PM felicitates Khaqan Abbasi

Prime Minister of Ukraine Volodymyr Groysman felicitated his Pakistani counterpart Shahid Khaqan Abbasi on assuming the office of the prime minister. "I would like to offer you my most sincere congratulations upon your appointment as Prime minister of the
Published 20 Aug, 2017 12:00am
Pakistan wants peace in region: Rajwana

Pakistan wants peace in region: Rajwana

Punjab governor Rafique Rajwana has said that Pakistan is a peaceful democratic country, which has played its positive role for peace in the region. He stated this during a meeting with the US Consulate General, Elizabeth Kennedy Trudeau in Lahore. The go
Published 20 Aug, 2017 12:00am
ATC acquits four accused of Kasur child abuse case

ATC acquits four accused of Kasur child abuse case

Giving benefit of doubt, an anti-terrorism court on Saturday acquitted four suspects in one of the nine cases regarding Kasur child abuse case. Announcing the verdict, ATC Judge Chaudhry Muhammad Ilyas acquitted suspects Saleem Akhter Sherazi, Attiqur Reh
Published 20 Aug, 2017 12:00am
Afghan Deputy foreign minister meets Tehmina Janjua

Afghan Deputy foreign minister meets Tehmina Janjua

The visiting Afghan Deputy Foreign Minister Nasir Andesha on Saturday called on Foreign Secretary Tehmina Janjua. They discussed strengthening cooperation between the countries in diverse fields as well as in the efforts for lasting peace and stability in
Published 20 Aug, 2017 12:00am
Pervaiz appointed in-charge of NA-120 election campaign
Exchange

Pervaiz appointed in-charge of NA-120 election campaign

The PML-N spokesman said on Saturday that Nawaz Sharif has appointed PML-N Lahore President Pervaiz Malik as in-charge of election campaign of Kulsoom Nawaz in NA-120. He further added that both Hamza Shahbaz and Mariam Nawaz would be assisting Malik duri
Published 20 Aug, 2017 12:00am
PFA launches drive to check different brands of ketchup, tea

PFA launches drive to check different brands of ketchup, tea

Punjab Food Authority (PFA) has launched a campaign to inspect quality of ketchup and tea being sold in markets. PFA took sample of ketchup and tea from the market. The samples were collected from the market in supervision of DG PFA, Noor ul Amin Mengal a
Published 20 Aug, 2017 12:00am
Tax on signboards: KP traders threaten to go on strike

Tax on signboards: KP traders threaten to go on strike

Reacting to the survey conducted by cantonment board Peshawar for imposition of tax on signboards on shops, business centres, various groups of traders have warned to announce shutter down strike and start protest demonstration if the decision is not with
Published 20 Aug, 2017 12:00am
Traffic warden found dead

Traffic warden found dead

A traffic warden of the City Traffic Police (CTPL) was found 'crushed to death' under Gulzar underpass on Canal Bank Road in the wee hours of Saturday. Chief Traffic Officer (CTO) Rai Ijaz Ahmad said that Hafiz Naeem, 55, was on his duty when he signaled
Published 20 Aug, 2017 12:00am
Rich tributes paid to Dr Ruth Pfau

Rich tributes paid to Dr Ruth Pfau

The Punjab Emergency Service (PES) in a condolence reference has paid glowing tributes to Dr Ruth Pfau, a German doctor and philanthropist nun, who dedicated her life to healing leprosy patients in Pakistan. Addressing the ceremony, the Director General o
Published 20 Aug, 2017 12:00am
Grenade hurled on Karak's guesthouse

Grenade hurled on Karak's guesthouse

Some unknown miscreants hurled a hand grenade in the guesthouse of one Tehseenullah in Mithwala area of district Karak on Saturday. The local people informed that some unidentified motorcycle riders hurled a hand grenade in the guesthouse Tehseenullah res
Published 20 Aug, 2017 12:00am
PTI workers protest over delay in Fata's merger with KP

PTI workers protest over delay in Fata's merger with KP

The activists of Pakistan Tehreek-e-Insaf (PTI) Khyber Agency chapter staged a sit-in outside the Governor's House, here on Saturday, to protest against Frontier Crimes Regulation (FCR) and delay in merger of Fata with Khyber Pakhtunkhwa province. The sit
Published 20 Aug, 2017 12:00am
Paucity of graveyards in Karachi

Paucity of graveyards in Karachi

Karachi is the real mega city of Pakistan, but there are only a few graveyards for Muslims, some of which are officially closed or are nearing closure. The grave-diggers mostly manipulate the old graves that are rarely visited by the kith and kin of the b
Published 20 Aug, 2017 12:00am
Wind energy blows up storm of controversy in Mexico

Wind energy blows up storm of controversy in Mexico

Cain Lopez looks tiny standing near the seven enormous wind turbines that tower over his farm in the Mexican village of La Ventosa. In this gusty rural region near the Pacific coast, the wind is so strong it sometimes flips over cars and even trailer truc
Published 20 Aug, 2017 12:00am
Anglo American swims against the current in backing fuel cells

Anglo American swims against the current in backing fuel cells

Anglo American is placing a contrarian bet on hydrogen fuel cell vehicles as it tries to squeeze more profit from its platinum reserves, but risks being left behind as rival miners look to cash in on battery-powered cars. A push, particularly in Europe an
Published 20 Aug, 2017 12:00am
External Sector - III
Cotton

External Sector - III

Textile Textile exports fell by 1.0 percent during Jul-Mar FY17, after declining by 8.2 percent in the same period last year. The drop is mainly explained by lower quantum exports of low value-added products like cotton and fabric, as global cotton
Published 20 Aug, 2017 12:00am
External Sector - III
Cotton

External Sector - III

Textile Textile exports fell by 1.0 percent during Jul-Mar FY17, after declining by 8.2 percent in the same period last year. The drop is mainly explained by lower quantum exports of low value-added products like cotton and fabric, as global cotton
Published 20 Aug, 2017 12:00am
Yet another terrorist strike

Yet another terrorist strike

As the military operation Ruddul Fasad, aimed at countering urban terrorism and wiping out TTP hideouts in the mountainous Rajgal valley, is breaking the back of various violent extremist groups, security forces and law enforcement agencies are coming und
Published 20 Aug, 2017 12:00am
Under the shadow of towering national flag

Under the shadow of towering national flag

We the Pakistanis have passed through rivers of blood, fought three wars imposed by the enemy, secured the position of sole nuclear weapon state in the Islamic Ummah and completed seventy years as an independent state to the utter disbelief of adversaries
Published 20 Aug, 2017 12:00am
The challenge of spurious drugs

The challenge of spurious drugs

In 2012, at the Punjab Institute of Cardiology a spurious drug claimed the lives of 100 patients. What happened to other 45,000 cardiac who too took the same fake medicine is not known. One of the three companies who manufactured this medicine was still i
Published 20 Aug, 2017 12:00am
Japan launches satellite for better GPS system

Japan launches satellite for better GPS system

Japan on Saturday launched the third satellite in its effort to build a homegrown geolocation system aimed at improving the accuracy of car navigation systems and smartphone maps to mere centimetres.
Published 20 Aug, 2017 12:00am
Japan launches satellite for better GPS system

Japan launches satellite for better GPS system

Japan on Saturday launched the third satellite in its effort to build a homegrown geolocation system aimed at improving the accuracy of car navigation systems and smartphone maps to mere centimetres.
Published 20 Aug, 2017 12:00am
Japan launches satellite for better GPS system

Japan launches satellite for better GPS system

Japan on Saturday launched the third satellite in its effort to build a homegrown geolocation system aimed at improving the accuracy of car navigation systems and smartphone maps to mere centimetres.
Published 20 Aug, 2017 12:00am
Imran visits Kaghan Valley, vows to promote tourism

Imran visits Kaghan Valley, vows to promote tourism

Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan paid a visit to the Kaghan Valley on Saturday and stayed for a brief at a wooden camping pod, promising to build more in order to promote the tourism industry in the province. The Khyber Pakhtunkhwa gover
Published 20 Aug, 2017 12:00am
Imran visits Kaghan Valley, vows to promote tourism

Imran visits Kaghan Valley, vows to promote tourism

Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan paid a visit to the Kaghan Valley on Saturday and stayed for a brief at a wooden camping pod, promising to build more in order to promote the tourism industry in the province. The Khyber Pakhtunkhwa gover
Published 20 Aug, 2017 12:00am
Bilawal describes 'change in KP' as a farce

Bilawal describes 'change in KP' as a farce

Pakistan People's Party (PPP) Chairperson Bilawal Bhutto-Zardari on Saturday lashed out at Pakistan Tehreek-e-Insaf (PTI) chief Imran Khan, saying he has a new lie to tell every time he is on stage. Bilawal Bhutto addressed the party rally in Mansehra whe
Published 20 Aug, 2017 12:00am
Bilawal describes 'change in KP' as a farce

Bilawal describes 'change in KP' as a farce

Pakistan People's Party (PPP) Chairperson Bilawal Bhutto-Zardari on Saturday lashed out at Pakistan Tehreek-e-Insaf (PTI) chief Imran Khan, saying he has a new lie to tell every time he is on stage. Bilawal Bhutto addressed the party rally in Mansehra whe
Published 20 Aug, 2017 12:00am
20 dead as train derails in India

20 dead as train derails in India

A train came off the tracks in northern India on Saturday, killing about 20 people and injuring scores more, as carriages slammed into each other, officials said. Rescuers and local people worked into the night searching for survivors in the overturned an
Published 20 Aug, 2017 12:00am
20 dead as train derails in India

20 dead as train derails in India

A train came off the tracks in northern India on Saturday, killing about 20 people and injuring scores more, as carriages slammed into each other, officials said. Rescuers and local people worked into the night searching for survivors in the overturned an
Published 20 Aug, 2017 12:00am
Contempt of court: ECP issues show-cause notice to Imran

Contempt of court: ECP issues show-cause notice to Imran

The Election Commission of Pakistan (ECP) Saturday issued a show-cause notice to Pakistan Tehreek-e-Insaf Chairman Imran Khan. The Commission issued notice to initiate contempt of court proceedings against the PTI chairman. However, the chairman was given
Published 20 Aug, 2017 12:00am
Contempt of court: ECP issues show-cause notice to Imran

Contempt of court: ECP issues show-cause notice to Imran

The Election Commission of Pakistan (ECP) Saturday issued a show-cause notice to Pakistan Tehreek-e-Insaf Chairman Imran Khan. The Commission issued notice to initiate contempt of court proceedings against the PTI chairman. However, the chairman was given
Published 20 Aug, 2017 12:00am
Icahn leaves post as Trump adviser on deregulation

Icahn leaves post as Trump adviser on deregulation

Billionaire investor Carl Icahn said Friday he is leaving his post as special adviser to President Donald Trump on regulatory issues. In announcing his departure, Icahn avoided any mention of last weekend's white supremacist rally in Virginia and Trump's
Published 20 Aug, 2017 12:00am
Icahn leaves post as Trump adviser on deregulation

Icahn leaves post as Trump adviser on deregulation

Billionaire investor Carl Icahn said Friday he is leaving his post as special adviser to President Donald Trump on regulatory issues. In announcing his departure, Icahn avoided any mention of last weekend's white supremacist rally in Virginia and Trump's
Published 20 Aug, 2017 12:00am
MCC Islamabad posts record collection of Rs 14.47 billions

MCC Islamabad posts record collection of Rs 14.47 billions

Model Customs Collectorate (MCC) Islamabad has made record collection of Rs 14.47 billion during 2016-17 against the assigned target of Rs 14.7 billion, reflecting achievement of almost 99 percent of the assigned target. It was learnt on Saturday that Col
Published 20 Aug, 2017 12:00am
MCC Islamabad posts record collection of Rs 14.47 billions

MCC Islamabad posts record collection of Rs 14.47 billions

Model Customs Collectorate (MCC) Islamabad has made record collection of Rs 14.47 billion during 2016-17 against the assigned target of Rs 14.7 billion, reflecting achievement of almost 99 percent of the assigned target. It was learnt on Saturday that Col
Published 20 Aug, 2017 12:00am
MCC Islamabad posts record collection of Rs 14.47 billions

MCC Islamabad posts record collection of Rs 14.47 billions

Model Customs Collectorate (MCC) Islamabad has made record collection of Rs 14.47 billion during 2016-17 against the assigned target of Rs 14.7 billion, reflecting achievement of almost 99 percent of the assigned target. It was learnt on Saturday that Col
Published 20 Aug, 2017 12:00am
Khan of Kalat, Altaf agree to 'work together'

Khan of Kalat, Altaf agree to 'work together'

In another testament of his anti-Pakistan activities, MQM (London) chief Altaf Hussain held talks with US Congressman Dana Rohrabacher and the Khan of Kalat, Mir Dawood Jan, at the MQM's London Secretariat and reportedly discussed alleged rights abuses in
Published 20 Aug, 2017 12:00am
Khan of Kalat, Altaf agree to 'work together'

Khan of Kalat, Altaf agree to 'work together'

In another testament of his anti-Pakistan activities, MQM (London) chief Altaf Hussain held talks with US Congressman Dana Rohrabacher and the Khan of Kalat, Mir Dawood Jan, at the MQM's London Secretariat and reportedly discussed alleged rights abuses in
Published 20 Aug, 2017 12:00am
Palestinian killed

Palestinian killed

Israeli forces shot and killed a Palestinian teen wielding a knife on Saturday in the occupied West Bank, police said. A 17-year-old Palestinian approached a group of Israeli paramilitary policemen stationed at a West Bank junction, holding what appeared
Published 20 Aug, 2017 12:00am
Palestinian killed

Palestinian killed

Israeli forces shot and killed a Palestinian teen wielding a knife on Saturday in the occupied West Bank, police said. A 17-year-old Palestinian approached a group of Israeli paramilitary policemen stationed at a West Bank junction, holding what appeared
Published 20 Aug, 2017 12:00am
JUI-F leader shot dead in DI Khan

JUI-F leader shot dead in DI Khan

A local leader of the Jamiat Ulema-e-Islam Fazl (JUI-F) was shot dead by unidentified assailants in Dera Ismail Khan on early Saturday morning. Maulana Attaullah Shah was taking an early morning stroll on Bannu Road after offering Fajar prayers in Banu Ad
Published 20 Aug, 2017 12:00am
JUI-F leader shot dead in DI Khan

JUI-F leader shot dead in DI Khan

A local leader of the Jamiat Ulema-e-Islam Fazl (JUI-F) was shot dead by unidentified assailants in Dera Ismail Khan on early Saturday morning. Maulana Attaullah Shah was taking an early morning stroll on Bannu Road after offering Fajar prayers in Banu Ad
Published 20 Aug, 2017 12:00am
Grace Mugabe absent from South Africa summit after assault claim

Grace Mugabe absent from South Africa summit after assault claim

Zimbabwe's first lady Grace Mugabe failed to appear Saturday at a summit in South Africa attended by her husband, an event overshadowed by her effort to obtain diplomatic immunity over assault allegations. The wife of President Robert Mugabe has not been
Published 20 Aug, 2017 12:00am
Canada struggles with refugee surge from US

Canada struggles with refugee surge from US

Soldiers busily assemble tents with wooden floors, lighting and heating in Canada's Quebec province near the US border to temporarily house a surge in asylum seekers from the United States. Children run between rows and rows of the military green tents as
Published 20 Aug, 2017 12:00am
Nawaz, sons face detention prospects

Nawaz, sons face detention prospects

National Accountability Bureau (NAB) has the power to arrest former prime minister Nawaz Sharif and his sons for their failure to appear before the Bureau's designated Investigation Officer in the Al-Azizia Steel Mills case. Talking to Business Recorde
Published 20 Aug, 2017 12:00am
Nawaz, sons face detention prospects

Nawaz, sons face detention prospects

National Accountability Bureau (NAB) has the power to arrest former prime minister Nawaz Sharif and his sons for their failure to appear before the Bureau's designated Investigation Officer in the Al-Azizia Steel Mills case. Talking to Business Recorde
Published 20 Aug, 2017 12:00am
Imran demands resignation of NA Speaker

Imran demands resignation of NA Speaker

Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan on Saturday demanded resignation of Speaker National Assembly Sardar Ayaz Sadiq after it was reported that he (Sadiq) has filed a reference against Justice Asif Saeed Khosa in Supreme Judicial Council, al
Published 20 Aug, 2017 12:00am
Imran demands resignation of NA Speaker

Imran demands resignation of NA Speaker

Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan on Saturday demanded resignation of Speaker National Assembly Sardar Ayaz Sadiq after it was reported that he (Sadiq) has filed a reference against Justice Asif Saeed Khosa in Supreme Judicial Council, al
Published 20 Aug, 2017 12:00am
PML-N heading towards split?
Exchange

PML-N heading towards split?

Chaudhry Nisar Ali Khan's recurring outbursts against Pakistan Muslim League-Nawaz's (PML-N) decision-making process, believed to be under the pervasive influence of hawks, has further deepened the rift within the party that may lead to its breakup before
Published 20 Aug, 2017 12:00am
PML-N heading towards split?
Exchange

PML-N heading towards split?

Chaudhry Nisar Ali Khan's recurring outbursts against Pakistan Muslim League-Nawaz's (PML-N) decision-making process, believed to be under the pervasive influence of hawks, has further deepened the rift within the party that may lead to its breakup before
Published 20 Aug, 2017 12:00am
New PM seeks to bring Balochistan under renewed focus

New PM seeks to bring Balochistan under renewed focus

Prime Minister Shahid Khaqan Abbasi said on Saturday that his government would continue the projects which were initiated for Balochistan by former prime minister Nawaz Sharif. Speaking to the media after arriving in Quetta, Khaqan Abbasi thanked the Gove
Published 20 Aug, 2017 12:00am
New PM seeks to bring Balochistan under renewed focus

New PM seeks to bring Balochistan under renewed focus

Prime Minister Shahid Khaqan Abbasi said on Saturday that his government would continue the projects which were initiated for Balochistan by former prime minister Nawaz Sharif. Speaking to the media after arriving in Quetta, Khaqan Abbasi thanked the Gove
Published 20 Aug, 2017 12:00am
Land procurement tender: minister orders inquiry into 'fraud'

Land procurement tender: minister orders inquiry into 'fraud'

Federal Minister for Industries and Production, Ghulam Murtaza Khan Jatoi has ordered an inquiry into "fraud" in the land procurement tender by NIP/PIDC for Special Economic Zone to be established in Islamabad under the China Pakistan Economic Corridor (C
Published 20 Aug, 2017 12:00am
Land procurement tender: minister orders inquiry into 'fraud'

Land procurement tender: minister orders inquiry into 'fraud'

Federal Minister for Industries and Production, Ghulam Murtaza Khan Jatoi has ordered an inquiry into "fraud" in the land procurement tender by NIP/PIDC for Special Economic Zone to be established in Islamabad under the China Pakistan Economic Corridor (C
Published 20 Aug, 2017 12:00am
Laid to rest: the woman who rid Pakistan of leprosy

Laid to rest: the woman who rid Pakistan of leprosy

A state funeral of Pakistani Mother Teresa - Dr Ruth Pfau was held here at St Patrick's Cathedral on Saturday. Dr Pfau, who passed away at the age of 87 earlier this month, was German doctor who devoted her whole life for leprosy patients in Pakistan and
Published 20 Aug, 2017 12:00am
Laid to rest: the woman who rid Pakistan of leprosy

Laid to rest: the woman who rid Pakistan of leprosy

A state funeral of Pakistani Mother Teresa - Dr Ruth Pfau was held here at St Patrick's Cathedral on Saturday. Dr Pfau, who passed away at the age of 87 earlier this month, was German doctor who devoted her whole life for leprosy patients in Pakistan and
Published 20 Aug, 2017 12:00am
Aid project helps Syria refugees feel at home in Jordan
Exchange

Aid project helps Syria refugees feel at home in Jordan

Struggling to make ends meet, Syrian refugee Umm Iman and her family spent years moving from house to house in Jordan. Now, they have finally found a place to settle. The Norwegian Refugee Council, an NGO, is paying Jordanian landowners grants to help the
Published 20 Aug, 2017 12:00am
Aid project helps Syria refugees feel at home in Jordan
Exchange

Aid project helps Syria refugees feel at home in Jordan

Struggling to make ends meet, Syrian refugee Umm Iman and her family spent years moving from house to house in Jordan. Now, they have finally found a place to settle. The Norwegian Refugee Council, an NGO, is paying Jordanian landowners grants to help the
Published 20 Aug, 2017 12:00am
Centcom chief for collective efforts against terrorism

Centcom chief for collective efforts against terrorism

United States Central Command (Centcom) Commander, General Joseph Votel has emphasized that "all parties must work to ensure that Pakistani soil is not used to plan or conduct terrorist attacks against its neighbours." General Joseph Votel, Commander Unit
Published 20 Aug, 2017 12:00am
Centcom chief for collective efforts against terrorism

Centcom chief for collective efforts against terrorism

United States Central Command (Centcom) Commander, General Joseph Votel has emphasized that "all parties must work to ensure that Pakistani soil is not used to plan or conduct terrorist attacks against its neighbours." General Joseph Votel, Commander Unit
Published 20 Aug, 2017 12:00am
'Decisions made' on Afghanistan and beyond: Trump

'Decisions made' on Afghanistan and beyond: Trump

US President Donald Trump tweeted early Saturday that "many decisions" had been made in a meeting with his top military advisers, including on the 16-year-old war in Afghanistan. The Trump administration, wary of international involvements but eager for p
Published 20 Aug, 2017 12:00am
'Decisions made' on Afghanistan and beyond: Trump

'Decisions made' on Afghanistan and beyond: Trump

US President Donald Trump tweeted early Saturday that "many decisions" had been made in a meeting with his top military advisers, including on the 16-year-old war in Afghanistan. The Trump administration, wary of international involvements but eager for p
Published 20 Aug, 2017 12:00am
The Weather

The Weather

The weather report on Saturday (August 19, 2017) and the forecast for Sunday (August 20, 2017).

Published 20 Aug, 2017 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (August 19, 2017).

Published 20 Aug, 2017 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (August 19, 2017)

Published 20 Aug, 2017 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 (August 19, 2017).

Published 20 Aug, 2017 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 (August 19, 2017).

Published 20 Aug, 2017 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (August 19, 2017).

Published 20 Aug, 2017 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (August 19, 2017).

Published 20 Aug, 2017 12:00am
THE RUPEE: firm trend

THE RUPEE: firm trend

The rupee sustained overnight levels against the dollar on the money market on Saturday in the process of trading, dealers said. The rupee firmly held the overnight levels in relation to the dollar for buying and selling at Rs 106.50 and Rs 106.70 respect
Published 20 Aug, 2017 12:00am
THE RUPEE: firm trend

THE RUPEE: firm trend

The rupee sustained overnight levels against the dollar on the money market on Saturday in the process of trading, dealers said. The rupee firmly held the overnight levels in relation to the dollar for buying and selling at Rs 106.50 and Rs 106.70 respect
Published 20 Aug, 2017 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Saturday (August 19, 2017).

Published 20 Aug, 2017 12:00am
European gasoline margins climb

European gasoline margins climb

Gasoline refining margins in northwest Europe rose slightly after a dip in crude prices on Wednesday, but high US inventories of the motor fuel weighed on export economics from the Europe. US gasoline stocks were unchanged last week, compared with analyst
Published 20 Aug, 2017 12:00am
Soyameal mixed on European feeds market

Soyameal mixed on European feeds market

Soyameal on the European meals and feeds market was offered in a tight range on Thursday with forecasts for beneficial crop weather in the US Midwest offset by strong US export demand, which supported CBOT soyacomplex futures. "The weather and an outlook
Published 20 Aug, 2017 12:00am
Bangladesh tea prices flat

Bangladesh tea prices flat

Tea prices in Bangladesh were barely changed at the weekly auction on tepid demand from local buyers despite lower volume on offer. Bangladeshi tea fetched an average of 207.13 taka ($2.60) per kg at the weekly auction held on Wednesday, compared with 207
Published 20 Aug, 2017 12:00am
US FOB Gulf soyabean offers mostly firmer

US FOB Gulf soyabean offers mostly firmer

Cash basis values for soyabeans at US Gulf Coast export terminals were mostly firmer on Thursday on accelerating export demand and limited farmer sales following a recent drop in futures prices, traders said. US soyabean export sales topped trade expectat
Published 20 Aug, 2017 12:00am
US natural gas futures rise
Exchange

US natural gas futures rise

US natural gas futures rose over one percent after touching an over one-week low on Thursday as a government report revised its estimates for total inventories in storage at the end of the week of August 4. The US Energy Information Administration revised
Published 20 Aug, 2017 12:00am
Palm oil rises on European vegoils market
Vegetable Oil

Palm oil rises on European vegoils market

Palm oil on the European vegetable oils market rose on Thursday, tracking gains in Malaysian palm oil futures amid concerns over tighter supplies, and underpinned by stronger soyaoil futures. Asking prices for palm oil were between $2.50 and $10 a tonne u
Published 20 Aug, 2017 12:00am
Rice prices fall in India, Thailand

Rice prices fall in India, Thailand

Rice prices in India and Thailand, the world's top two exporters of the grain, fell this week on low export demand, traders said on Thursday. India's 5 percent broken parboiled rice prices eased by $2 per tonne to $407 to $410 per tonne.
Published 20 Aug, 2017 12:00am
Cotton market: cautious selling helps rates from free-fall
Cotton

Cotton market: cautious selling helps rates from free-fall

Ginners refrained from panic selling, which helped prices to resist more slide on the cotton market on Saturday, dealers said. The official spot rate was unchanged at Rs 5950, they said. In the ready session, 18,000 bales of cotton changed hands between R
Published 20 Aug, 2017 12:00am
Indonesia buys 25,000 tonnes of Canadian wheat

Indonesia buys 25,000 tonnes of Canadian wheat

A flour miller in Indonesia bought 25,000 tonnes of Canadian spring wheat in a recent deal for arrival in November while Australian exporters are offering new-crop wheat, traders said. The Indonesian miller purchased Canadian wheat between $320 and $325 a
Published 20 Aug, 2017 12:00am
Freight rates for VLCC to remain under pressure

Freight rates for VLCC to remain under pressure

Freight rates for very large crude carriers (VLCCs) on Asian routes will remain under pressure for at least the next month, facing strong headwinds from a glut of tonnage, brokers said. "There are around 80 to 90 ships available for charter in the first 1
Published 20 Aug, 2017 12:00am
Vietnamese coffee discounts tighten in thin trade

Vietnamese coffee discounts tighten in thin trade

Discounts for Vietnamese coffee have tightened in thin trade with few good quality beans available and farmers holding onto their stocks on expectations prices would rise in the coming days, traders said on Thursday. Vietnam's 5 percent black and broken g
Published 20 Aug, 2017 12:00am
Paris wheat hits new lows on Black Sea glut
Exchange

Paris wheat hits new lows on Black Sea glut

Euronext wheat slipped to new contract lows on Thursday as a bumper harvest in the Black Sea export region hung over international markets, while spot futures also faced technical pressure. December milling wheat, the most active contract on the Paris-bas
Published 20 Aug, 2017 12:00am
Chinese steel futures jump
Exchange

Chinese steel futures jump

Chinese steel futures jumped more than 2 percent on Thursday to end a four-day losing streak amid a firm outlook for demand in the world's top consumer, fuelling a rally in steelmaking raw materials iron ore and coking coal. Coking coal surged by its 8 pe
Published 20 Aug, 2017 12:00am
Canadian canola futures rise

Canadian canola futures rise

ICE Canadian canola futures rose on Thursday and halted a five-day skid, following US soyabeans and soyaoil higher. Strong Chinese demand and the fact that favourable rains missed some US Midwest growing regions, buoyed soyabeans, spilling over support to
Published 20 Aug, 2017 12:00am
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