Daily Archives

April 29, 2010

City govt takes notice of rising meat prices

KARACHI(Thursday, April 29, 2010): As the prices of beef and mutton continue to climb up, the city government has invited the meat merchants for a meeting on Wednesday to discuss the factors responsible surging prices. The meeting is also aimed to fix and regulate prices. Meat merchants have been opposing rising meat exports and smuggling of live animals, which has been causing shortage of both the products, besides pushing up the rates substantially. Meat Merchants Welfare Association…

1m metric tons wheat procured

LAHORE (Thursday, April 29, 2010): Provincial Minister for Food, Malik Nadeem Kamran has said that the Food Department Punjab has so far provided more than one crore 90 lakh gunny bags to the cultivators whereas 10-lakh metric tons wheat has been procured under wheat procurement campaign 2010. The Minister stated this while presiding over a meeting held to review the ongoing wheat procurement campaign here on Wednesday. The Minister said that foolproof arrangements have been made by the Food…

Bullish trend on cotton market on Monday

KARACHI (Thursday, April 29, 2010): Trading on the cotton market on Monday resumed on a bullish note as prices were steadily rising to their next target of Rs7,000 per maund or beyond it, floor brokers said. “The current price flare-up is speculative as is it not matched by the physical business as ginners holding bulk of the unsold stock raised their asking prices sans buyers,” they said. But some of the spinners needed urgent supplies picked up stray lots to replenish their stock…

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