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Pakistan sugar Crop Updates - PAR

 

Pakistan Sugar Market Overnight Commentary – 11:20 AM – February 06, 2016

Pakistan Sugar market: The Punjab & Sindh price were increased on Before holiday Thursday – 4/2/2016.Due to buying activities said by market sources.

LIFFE White Sugar# 5 Future Contracts Closing – 09:35 AM – February 06, 2016

As on 05th February 2016 (1 USD = 104.70 PKR)

Month    MYR/Ton    PKR / Ton 
Mar-16	396.00	41.46
May-16	385.50	40.36
Aug-16	379.80	39.77
Oct-16	375.50	39.31
Dec-16	379.30	39.71

Today’s More Sugar Crop Updates – Click Here

Pakistan Weather and Flood Updates - PAR

Pakistan Weather next 48 hr – 12:25 PM – February 04, 2016

Synoptic Situation:

Pollen count (Today ): 10 per m3 of air

Continental air is prevailing over most parts of the country.

Weather next 24 hrs:

Mainly cold and dry weather is expected in most parts of the country.

Weather Outlook for Next 48 hrs:

Mainly cold and dry weather is expected in most parts of the country.

Weather Warning:

No weather warning

Past Weather:

Weather remained cold and dry in most parts of the country.

Rainfall (mm) / Snowfall (inch):

NIL

Today’s Freezing Temperatures:

Parachinar, Skardu, Astore -06°C,  Hunza, Kalam -05°C, Gupis,-04°C, Dir, Bagrote, Gilgit -03°C, Dalbandin, Zhob, Rawalakot, Quetta -02, Murree, Kalat -01°C.

Today’s More Pakistan Weather Updates – Click Here

Pakistan Wheat Crop Updates - PAR

 

Wheat price up by 300pc in 10 years – 01:30 PM –February 04, 2016

The wheat price has registered a sharp increase of more than 300 percent in last ten years from Rs 400 per 40kg to Rs1300 per 40 kg, registering a jump of over Rs2,250/40kg. Presently the wheat rate in Pakistan is highest in the world as staple food is available at Rs 900 per 40 kg in the world market–more than Rs 400 costly as compared to the world market.

Even in the neighbouring country of India the wheat support has been announced at Rs950 per quintal.
According to experts, one of the key reasons for the food-inflation remains the government’s decision to increase the wheat support price by more than 300 per cent in last 10 years that indeed benefited big landowners, but proved a blow for the majority of people, especially belonging to the poor and fixed income groups.
They said that huge rise in wheat support price has increased flour price by mounting speculative pressure on price that has already gotten close to alarming proportion for a majority of population. They said that hike in price has worked as incentive for hoarding, making flour market even more volatile.

Today’s More Wheat Crop Updates – Click Here

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Malaysian Palm Product Updates - PAR

 

CBOT Soybean Oil Future Contracts Closing – 09:45 AM – February 06, 2016

As on 05th February 2016 (1 USD = 104.70 PKR)

Month    c/lbs    PKR / maund
Mar 16 	31.23	2690.52
May 16 	31.47	2711.20
Jul 16 	31.70	2731.02
Aug 16 	31.73	2733.60
Sept16 	31.76	2736.19

Today’s More Palm Products Update – Click Here


Dairy & Dry Powdered Milk Updates - PAR

 

Jodia Bazaar, Karachi Dairy & Dry Powdered Milk Prices – 10:15 AM – February 02, 2016

Brand			     PKR/ Bag
1) Dairy American SMP		     7,600 
2) Fat Filled   		     8,300
3) Amul                             10,700
4) Melco                             7,800

Today’s More Dairy & Dry Powered Milk Updates – Click Here

Technical Charts Updates - PAR

PSX – MSOT (Masood Textile Mills Ltd)- Technical Chart Analysis 04th February 2016 – 06:35 PM

Masood Textile Mills Ltd Technical Chart Analysis 04th February 2016

PSX – PNGRS (Pangrio Sugar Mills Ltd)- Technical Chart Analysis 04th February 2016 – 06:25 PM

Pangrio Sugar Mills Ltd Technical Chart Analysis 04th February 2016

Malaysian Ringgit / USD- Technical Chart Analysis 04th February 2016 – 06:20 PM

Malaysian Ringgit / USD Technical Chart Analysis 04th February 2016

ICE Sugar #11 – Technical Chart Analysis 04th February 2016 – 06:10 PM

ICE Sugar #11 Technical Chart Analysis 04th February 2016

White Sugar – Technical Chart Analysis 04th February 2016 – 06:05 PM

White Sugar Technical Chart Analysis 04th February 2016

More Technical Charts & Analysis – Click Here

Pakistan Business News

 

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