Trends - Wheat import - Business Recorder

Wheat import

Soybeans extend gains in technical rebound, wheat hits new lows

CHICAGO: Chicago soybean futures rose on Friday, driven by short-covering ahead of the weekend and technical buying,...

Published 22 Dec, 2024 02:57am

Business & Finance

Farmer bodies assail govt for allowing ‘unlimited’ wheat import

LAHORE: The Pakistan Kissan Rabita Committee and Sawera Foundation held a seminar and demonstration on Monday...

Published 22 Oct, 2024 07:44am

Markets

Turkish flour mills seek relaxation of wheat import ban

ISTANBUL: Turkey’s flour mills are seeking a relaxation of the country’s ban on wheat imports, the mills’...

Published 06 Oct, 2024 02:44am

Editorials

Reducing public sector footprint in cash crops

EDITORIAL: Wheat procurement, or the lack thereof, has recently become a significant political and economic issue,...

Published 24 May, 2024 05:48am

BR Research

No-growth policy working

The current account is in surplus ($491 mn in April 2024) for yet another month. The 10MFY24 deficit is a meager...

Updated 20 May, 2024 10:02am

Perspectives

The revolving door of instability in Pakistan

The current state of affairs in Pakistan is deeply concerning as the country appears to be slipping back into...

Published 16 May, 2024 08:34pm

Business & Finance

Timely import of wheat didn’t lead to shortage of grain: HCCI chief

HYDERABAD: President Hyderabad Chamber of Commerce and Industry Adeel Siddiqui has said that support price of wheat...

Published 14 May, 2024 05:18am

Markets

Chicago wheat drops 1% on profit-taking; soy, corn slip

CANBERRA: Chicago wheat futures took a breather on Monday as traders locked in profits after prices climbed to...

Published 13 May, 2024 10:14am

Opinion

The wheat woes

I would love to live in the utopian world of the neoliberal economist, where the market determines the exchange...

Updated 11 May, 2024 06:45am

BR Research

Wheat: executing a flawed policy poorly

If you want to make a muck of something, entrust it to the government. Starting in 2019, this will be the fifth...

Published 06 May, 2024 08:43am

Wheat worth Rs330bn imported in 7 months

ISLAMABAD: Wheat worth 330 billion rupees was imported in seven months—from August 2023 to March 2024—and 1.3...

Updated 06 May, 2024 09:19am

Excessive wheat import: Caretakers likely to find themselves in the dock

Federal Minister for National Food Security and Research Rana Tanveer says caretaker government during its tenure imported wheat that caused the problem

Updated 03 May, 2024 09:38am

PM forms body to probe wheat import matter

ISLAMABAD: Prime Minister Shehbaz Sharif has formed an inquiry committee regarding import of wheat under the...

Updated 03 May, 2024 09:24am

Business & Finance

Wheat import bill hits $1bn mark

KARACHI: Pakistan spent some one billion dollars on the import of wheat during this fiscal year (FY24) to meet the...

Published 20 Apr, 2024 04:18am

Markets

Wheat drops to 3-1/2-year low on Black Sea supply pressure, corn eases

SINGAPORE: Chicago wheat slid for a third consecutive session on Thursday, with the market dropping to its lowest...

Published 07 Mar, 2024 10:17am

Private sector import of wheat: Deadline extended despite opposition by Punjab

ISLAMABAD: The federal government has extended the deadline for the import of milling wheat till March 31, 2024, by...

Updated 07 Mar, 2024 09:16am

Traders seal 12 deals for import of 0.7m MTs of wheat

KARACHI: Pakistani traders have finalized 12 deals for the import 0.7 million metric tons of wheat to avoid the...

Updated 08 Sep, 2023 09:18am

Markets

Russian wheat reaches Karachi port

KARACHI: The first consignment of wheat imported from Russia by the private sector reached the Karachi port on...

Published 31 Jul, 2023 07:00am

Opinion

Wheat import: doors not closed yet

Pakistan is the 7th largest wheat producer in the world but, with respect to yield the country stands at 37th rank....

Published 28 Jun, 2023 06:31am

Markets

ECC approves wheat import of 450,000MT from Russia

Finance ministry says M/s Prodintorg, Russia had made offer of $372/MT on G2G basis for shipment period from February 1 to March 31

Updated 05 Dec, 2022 06:35pm

Markets

Japan seeks 94,603 tonnes of food wheat

TOKYO: Japan’s Ministry of Agriculture, Forestry and Fisheries (MAFF) is seeking to buy a total of 94,603 tonnes ...

Published 09 Nov, 2022 03:41am

ECC allows TCP to import wheat, urea

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has allowed Trading Corporation (TCP) import of...

Updated 29 Oct, 2022 09:46am

Markets

Pakistan gets offers in 500,000 tonne wheat tender

HAMBURG: The lowest price offered in the tender from Pakistan to purchase 500,000 tonnes of wheat which closed on...

Published 26 Oct, 2022 05:37pm

Markets

AGSCAA hails govt’s wheat import through Gwadar port move

KARACHI: A meeting of All Gwadar Shipping Clearing Agents Association (AGSCAA) was held at Finance & Trade...

Published 22 Oct, 2022 05:42am

Markets

CBOT wheat still targets $8.19-3/4 to $8.22 range

SINGAPORE: CBOT wheat still targets a range of $8.19-3/4 to $8.22 per bushel, as suggested by a projection...

Published 21 Oct, 2022 12:09pm

Wheat import by private sector: Ruffled by falling forex reserves, PM says ‘NO’

ISLAMABAD: Prime Minister Shehbaz Sharif said on Thursday the country has sufficient stocks of wheat and he will not...

Updated 21 Oct, 2022 09:39am

Markets

Wheat set for weekly gain on Black Sea supply concerns

SINGAPORE: Chicago wheat rose for a second day on Friday, eyeing a positive weekly finish, as supply concerns from...

Published 14 Oct, 2022 11:13am

TCP tender documents relaxed to allow wheat import via Gwadar port

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved dropping of two amendments in TCP...

Updated 14 Oct, 2022 09:43am

Pakistan

There’s no shortage of wheat: govt

ISLAMABAD: The government, Tuesday, while dispelling the rumours of wheat shortage, said that currently Pakistan has...

Published 21 Sep, 2022 05:57am

Markets

China said to buy large volume of French and Australian wheat this week

PARIS/HAMBURG: Buyers from China purchased large volumes of Australian and French wheat this week in a sign that the...

Published 22 Jul, 2022 04:53pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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