Trends - wheat imports - Business Recorder

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 / 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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