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wheat imports

French wheat rating slips, maize sowing slows as rain returns

The condition of French soft wheat declined slightly last week to remain at a four-year low while maize planting...

Published 24 May, 2024 01:38pm

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

You cannot quit cold turkey when there is no market!

To the federal cabinet secretary in charge of the wheat inquiry committee: Happy hunting, sir. Afterall, if a target...

Published 09 May, 2024 08:23am

Opinion

Wheat, wheat everywhere…

The wheat crisis has thrown up a host of troubling questions that revolve around the persistent wisdom that in our...

Published 07 May, 2024 06:05am

Wheat fiasco points towards govt ‘negligence’

ISLAMABAD: The mismanagement associated with allowing wheat imports, which benefited the private sector and deprived...

Updated 07 May, 2024 08:52am

Business & Finance

Key states, including Pakistan: Wheat imports expected to rise: World Bank

ISLAMABAD: Wheat imports are expected to rise for key importing countries including Pakistan, says the World Bank....

Published 01 May, 2024 04:14am

Deals on import of over 1.3MMTs of wheat sealed

KARACHI: Pakistani traders have finalized deals for the import of over 1.3 million metric tons of wheat to meet the...

Updated 01 Nov, 2023 09:02am

Rs201bn cash credit limit: ECC approves procurement of 1.8 MMTs of wheat by Passco

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet Wednesday approved the procurement of 1.80 MMTs...

Updated 09 Mar, 2023 08:53am

Revolving fund account for CPEC IPPs approved: ECC allows import of 0.583MTs of wheat

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has allowed the import of 0.583 million tonnes ...

Updated 06 Dec, 2022 09:35am

Markets

TCP tenders to buy 500,000 tonnes of wheat

HAMBURG: A government agency in Pakistan has issued a new international tender to purchase and import 500,000 tonnes...

Published 18 Nov, 2022 07:12am

Business & Finance

Govt refusal to allow wheat import worries Elahi

LAHORE: The Federal government has refused to grant permission to the Punjab government to import wheat. Chief...

Published 17 Oct, 2022 05:57am

Markets

China sets 2023 import quota for corn, wheat

BEIJING: China on Monday set its low tariff rate quota for wheat, corn and rice imports in 2023 at the same volumes...

Published 11 Oct, 2022 07:15am

Import of 2MMT of wheat: Private sector seeks to get the nod from govt

KARACHI: The private sector is seeking the federal government’s nod for the import of some 2 million metric tons ...

Updated 28 Sep, 2022 10:04am

Business & Finance

Over 8.664m tons of wheat available for domestic consumptions

ISLAMABAD: Strategic wheat stocks of the country are recorded at 8.644 million tons, which are sufficient to tackle...

Published 25 Sep, 2022 06:01am

Ministry for allowing TCP to award wheat import contract

ISLAMABAD: The Ministry of National Food Security and Research (MNFS&R) has proposed to allow TCP to award...

Updated 22 Sep, 2022 09:31am

Markets

CBOT wheat may extend its gains to $9.37-1/4

SINGAPORE: CBOT wheat may extend its gains to $9.37-1/4 per bushel, as suggested by a projection analysis. The...

Published 21 Sep, 2022 01:11pm

Opinion

FY2022-23: Balance of payments

The continuing turmoil in the forex market is a bewildering experience with no parallel in the country’s history....

Published 21 Sep, 2022 05:57am

Wheat imports put big strain on forex reserves: ADB

In its latest report, 'Asian Development Review', lender says in the wake of population growth, urbanisation, and industrialisation, the availability of arable land and water facing intense pressure from non-farm uses in Pakistan

Updated 20 Sep, 2022 09:14am

Markets

Egyptian delegation to visit India to discuss wheat imports

NEW DELHI: A delegation from Egypt will visit India in the first week of April to facilitate wheat imports as part ...

Published 31 Mar, 2022 06:06am

Wheat imports: Tarin asks ministry to come up with ‘accurate need’

ISLAMABAD: Finance Minister Shaukat Tarin has asked the Ministry of National Food Security and Research to come up...

Updated 29 Mar, 2022 10:06am

Markets

EU raises wheat stocks forecast on import hike

PARIS: The European Commission on Thursday increased its forecast of European Union common wheat stocks at the end ...

Published 28 Jan, 2022 04:44am

Markets

Philippines purchased about 100,000 tonnes of feed wheat

HAMBURG: An importer group in the Philippines is believed to have bought around 100,000 tonnes of animal feed wheat...

Published 26 Nov, 2021 05:15am

Markets

France sees 2021 wheat area rise; barley, rapeseed and sugar beet fall

PARIS: France’s farm ministry on Tuesday pegged the soft wheat area, including spring wheat, for this year’s...

Published 14 Apr, 2021 03:21am

Markets

Morocco grain traders see strong harvest, lower soft wheat imports

The central bank has already raised its economic growth projection from earlier forecasts based on a predicted cereals harvest of 9.5 million tonnes, well up from 3.2 million tonnes last year.
"Cereals output is expected to exceed 10 million tonnes this season, which means less imports," he said.

Published 01 Apr, 2021 05:21pm

Markets

Pakistan believed to pass in 300,000 tonnes wheat tender

Offers in the tender from the Trading Corporation of Pakistan (TCP) which closed on Tuesday were regarded as too high at a time when Pakistan's own grains harvest is starting, a trader said.
Wheat prices have risen since Russia announced grain export taxes to reduce its overseas shipments and cool Russian domestic prices.

Published 05 Mar, 2021 06:25pm

Business & Finance

Pakistan's imports Rise by $2.085bn: Razak Dawood

Pakistan's imports increased by $2.085 billion during July-February 2021 as compared to the same period in last financial year.
The increase in Pakistan’s import bill can be attributed to growth in wheat and sugar imports to stabilize the market prices.

Published 03 Mar, 2021 03:00pm

Markets

Britain's wheat imports accelerate during December

Wheat imports for the month totalled 332,458 tonnes, up from 208,948 tonnes in November.
Germany was the largest supplier in December, shipping 136,083 tonnes, followed by Denmark with 103,121 tonnes.

Published 12 Feb, 2021 09:32pm

Markets

Paris wheat consolidates before USDA crop report

March milling wheat on Paris-based Euronext was up 0.25 euros or 0.1% at 226.75 euros a tonne.
Chicago corn futures rose to a new 7-1/2-year high earlier on Tuesday as investors anticipated the USDA would reduce US and global supplies of the feed grain.

Published 09 Feb, 2021 09:21pm

Markets

EU wheat steady as Russia export tax, USDA report in focus

March milling wheat on Paris-based Euronext was unchanged on the day at 224.75 euros ($270.22) a tonne.
The front-month contract was consolidating after falling to a three-week low of 221.25 euros on Wednesday.

Published 05 Feb, 2021 09:20pm

Markets

Jordan gets at least 3 participants in 120,000 tonne wheat tender

Participants were believed to be Cerealcom Dolj, Ameropa and Nibulon, they said.
No purchase has yet been made and results are expected later on Wednesday, traders said.

Published 03 Feb, 2021 05:16pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 31	279.03
USD PKR Interbank Buying / Jan 31	278.88
USD to Japanese Yen / Jan 31	155.19
USD to Swiss Franc / Jan 31	0.91
Pound Sterling to USD / Jan 31	1.24
Euro to USD / Jan 31	1.04

Stock	Volume
Hang Seng / Jan 30	20,225.11
S&P 500 / Jan 31	6,040.53
India Sensex / Jan 31	77,500.57
Tokyo Nikkei / Jan 31	39,572.49
Nasdaq / Jan 31	19,627.44
FTSE 100 / Jan 31	8,673.96
Dow Jones / Jan 31	44,544.66
Germany DAX 30 / Jan 31	21,732.05

Item	Value
Crude Oil USD/Barrel / Jan 31	72.53
Karachi Cotton PKR/37.32 KG / Jan 31	18,285
Gold 10 Grams PKR / Jan 31	250,171
Gold Spot USD/Ounce / Jan 31	2,798.41
Cotton US¢/pound / Jan 31	65.88
Petrol/Litre / Feb 2	256.13

Gainers
Losers
Leaders

Stock	Price
Kohinoor Ind. / Jan 31 Kohinoor Industries Limited(KOIL)	10.21 ▲ 1 (10.86%)
IGI Life Ins / Jan 31 IGI Life Insurance Limited(IGIL)	15.13 ▲ 1.38 (10.04%)
Sana Ind / Jan 31 Sana Industries Limited(SNAI)	28.77 ▲ 2.62 (10.02%)
Tariq Corporation / Jan 31 Tariq Corporation Limited(TCORP)	16.91 ▲ 1.54 (10.02%)
I.C.C. Ind. / Jan 31 ICC Industries Limited(ICCI)	15.72 ▲ 1.43 (10.01%)
Redco Textile / Jan 31 Redco Textiles Limited(REDCO)	24.17 ▲ 2.2 (10.01%)
Leather Up Ltd. / Jan 31 Leather Up Limited(LEUL)	53.74 ▲ 4.89 (10.01%)
Pak Leather / Jan 31 Pak Leather Crafts Limited(PAKL)	32.63 ▲ 2.97 (10.01%)
Dandot Cement / Jan 31 Dandot Cement Company Limited(DNCC)	16.48 ▲ 1.5 (10.01%)

Stock	Price
Blue-Ex Ltd / Jan 31 Blue-Ex Limited (GEM)(GEMBLUEX)	54.86 ▼ -6.1 (-10.01%)
D.M. Textile / Jan 31 D.M. Textile Mills Limited(DMTX)	63 ▼ -7 (-10%)
First Imrooz Mod. / Jan 31 First Imrooz Modaraba(FIMM)	189 ▼ -21 (-10%)
Power Cem(Pref) / Jan 31 Power Cement (Pref)(POWERPS)	10.41 ▼ -1.15 (-9.95%)
National Silk / Jan 31 The National Silk & Rayon Mills Limited(NSRM)	40.84 ▼ -4.51 (-9.94%)
Sec. Inv. Bank / Jan 31 Security Investment Bank Limited(SIBL)	7.83 ▼ -0.76 (-8.85%)
Shahtaj Sugar / Jan 31 Shahtaj Sugar Mills Limited(SHJS)	109.56 ▼ -10.44 (-8.7%)
Kohinoor Mills / Jan 31 Kohinoor Mills Limited(KML)	31.05 ▼ -2.9 (-8.54%)
F.Credit & Inv / Jan 31 First Credit and Investment Bank Limited(FCIBL)	7.28 ▼ -0.66 (-8.31%)

Stock	Volume
Cnergyico PK / Jan 31 Cnergyico PK Limited(CNERGY)	66,672,997 ▲ 0.14
Sui South Gas / Jan 31 Sui Southern Gas Company Limited(SSGC)	48,364,956 ▼ -1.33
WorldCall Telecom / Jan 31 Worldcall Telecom Limited(WTL)	36,344,486 ▼ -0.06
Waves Home Appliances / Jan 31 Waves Home Appliances Limited(WAVESAPP)	33,226,540 ▼ -0.77
Bank Makramah / Jan 31 Bank Makramah Limited(BML)	31,509,642 ▲ 0.04
B.O.Punjab / Jan 31 The Bank of Punjab(BOP)	17,873,860 ▲ 0.2
K-Electric Ltd. / Jan 31 K-Electric Limited(KEL)	16,969,744 ▼ -0.07
Pak Refinery / Jan 31 Pakistan Refinery Limited(PRL)	16,492,313 ▼ -0.57
Treet Battery / Jan 31 Treet Battery Limited(TBL)	15,390,342 ▲ 1.07

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