Browsing Tag

Export

Pulses output down, imports up

Mohiuddin Aazim The import of pulses is soaring due to a decline in domestic output for lack of serious efforts for sustainable growth in production. Pulses are unable to compete with the preferred cultivation of major crops that offer relatively better returns. Imports shot up by 43pc to 308,000 tonnes during July-December 2014, from 215,000 tonnes in July-December 2013. While the domestic output fluctuated from year to year, the overall pulses’ imports fell from 672,000 tonnes in…

Export of surplus wheat: Rs six billion subsidy approved by ECC

January 24, 2015 - Zaheer Abbasi - The Economic Co-ordination Committee (ECC) of the Cabinet has approved a subsidy of Rs 6 billion for the export of 1.2 million tons of surplus wheat available with Punjab and Sindh governments. A participant of the meeting, who requested anonymity, said that Ministry of Food Security and Research had proposed the export of 3 million tons but the ECC meeting chaired by Finance Minister Ishaq Dar decided to allow export of 1.2 million tons. He further…

TCP completes urea import operation

January 13, 2015 - Rizwan Bhatti - BR Report - Trading Corporation of Pakistan (TCP) successfully completed 0.46 million tons urea import to avert shortage in the domestic market. Sources told us on Monday that cumulatively the country has spent $168 million on urea import during the last two months ensuring timely supply in the domestic market to facilitate the farmers. Pakistan is facing some shortage due to gas curtailment to the local urea producing plants. Last consignment of the…

Wattoo hails ECC’s decision on potato export

December 26, 2014 - BR Report - Mian Manzoor Ahmed Wattoo, President Punjab PPP, has welcomed decision of the Economic Co-ordination Committee (ECC) to withdraw duty on the export of potatoes. He said this in a statement issued from here today. He said the decision would earn big amount of foreign exchange for the country in view of the bumper crop of potatoes besides ensuring the handsome returns of the sweat and toil of the farmers of districts Okara, Pakpattan, Kasure and Sialkot, in…

SCCI’s vegetable storage centre at Sialkot Airport under study

December 17, 2014 - BR Report - Business community is considering establishing "Food, meat and Vegetable cold storage" centre at Sialkot International Airport. The step was being taken for opening new avenue for exports and could be the source of quantum leap in export from Sialkot. Talking to Business Recorder on Tuesday, President Sialkot Chamber of Commerce and Industry (SCCI) Fazal Jillani said that we are trying to get necessary funds from Export Development Fund (EDF) for…

Palm edges lower on lacklustre Malaysian export data

December 16, 2014 Reuters- Malaysian palm oil futures fell for a second day on Monday, as a modest rise in Malaysian palm oil export figures in the first half of December and weakness in the ringgit were offset by weakness in crude oil prices. The benchmark February contract on the Bursa Malaysia Derivatives Exchange closed 0.14 percent lower at 2,163 ringgit ($619) per tonne, the contract's second day of declines after it slipped 1.1 percent on Friday. -- Exports up 2.9 pct in first…

60,500 tons of urea arrives at Karachi port

December 16, 2014 - Rizwan Bhatti - BR Report - To avoid urea shortage in the country, the first consignment of 60,500 tons of urea, imported by TCP, has arrived at Karachi port. Following the directives of the federal government last month, the state-run grain trader (TCP) signed four urea deals with different international suppliers for import of some 385,000 tons of the commodity. Under the agreements, urea arrival has started as a ship MV OCEAN MERRY carrying some 60,500 tons of…

Pulses’ export up by 80.36 percent

June 13, 2014 - BR Report Export of pulses surged by 80.36 percent to 2.819 million dollars in July-April 2013-14, according to Pakistan Bureau of Statistics (PBS). Pulses export has recorded an increase of 1.256 million dollars during July-April 2013-14 as compared to the commodity's export of 1.563 million dollars in the same period of last fiscal year, the PBS says. In term of volume pulses export depicted a growth of 1,289 metric tons (67 percent) to 3,227 metric tons in July-April…

Exploration of new markets pushes Pakistan’s export: Agriculture

* APFVEA chairman says export volume of fruits and vegetables stood at $625m in a year By Tanveer Sher KARACHI: Agriculture is the mainstay of Pakistan's economy. Exploration of new markets for fruits and vegetables of the country has elicited positive results, which is evident from the fact that the country’s exports have made a substantial jump of 16 percent during the last one year. According to All Pakistan Fruit and Vegetable Exporters Association (APFVEA) Chairman Waheed…

No kinnow exports before December 1: MoC

November 10, 2012 GHULAM ABBAS The Ministry of Commerce (MoC) has banned export of kinnow before December 1, 2012 to ensure good quality export of the highly valued fruit while avoiding losses. The country had faced huge losses last year due to early start of exports as the consignments of kinnow were rejected by some countries. Through an SRO No 1362.(1)/2012, issued on November 8, 2012, the MoC, while making amendments to the Export Policy Order 2009, has announced that…

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More