PAR: Pakistan Agriculture Research - Pakistan’s No. 1 Agricultural Research House

Wheat should be fixed at the rate of Rs.1500 per maund (Farmers). – 01:20 PM – February 24, 2015

The farmers : Ghulam Nazik, Khalil Ahmed, Khuda Baksh, Ghulam Basheer and Khadim Hussain have asked Chief Minister of Punjab Mr.Shahbaz Sharif to increase the price of wheat to Rs.1500/= per maund, because high cost of living and sky rocket prices have broken down the waist of the farmers. The rate fixed by the government is Rs.1250/= per maund which is very less. as they are not able to make ends meet. They further said that inspite of the government’s best interest the Agricultural sector is being wasted.

1,994,492 wheat bags worth Rs6.5b still to be sold – 11:40 AM – February 23, 2015

SIALKOT: Despite fresh wheat is expected in couple of months, huge stocks of wheat worth Rs6 billion is still yet to be sold in Gujranwala Division.
Sources in the Food Department said that the flour mills were willing to purchase wheat from open market. They said that the department had procured wheat worth Rs11 billion during the last season, out of which wheat worth Rs6 billion was still stocked in the go-downs due to the less interest in purchasing of wheat by the flour mills.
The Punjab government had already reduced the support price of wheat from Rs1330 to Rs1280 per mound to attract flour millers.
The department has yet to sell out 1,297,700 bags of wheat worth Rs4.5 billion in Gujranwala Division while 1,994,492 bags worth Rs6.5 billion still to be sold out in 150 official go-downs in the region.
Flour Mills Association Punjab Vice President Gohar Saeed said that the wheat support price remained less in the open markets than the official price, due to which the trend of purchasing wheat by the flour mills from the food department remained very low.

Today’s More Wheat Crop Updates – Click Here

Local Sugar Market Update: – 07:00 PM -February 27, 2015

Pakistan Local Sugar Prices and Market Commentary 27-February 2015

Karachi Stock Exchange Listed “Shakarganj Mills Ltd” Report – 06:00 PM -February 27, 2015

KSE Listed Sugar Mills Report

World Sugar Market Report – 12:50 PM -February 27, 2015

International Sugar Market Report

LIFFE White Sugar# 5 Future Contracts Closing – 10:00 AM – February 27, 2015

As on 26th February 2015 (1 USD = 101.50 PKR)

Month    MYR/Ton    PKR / KG
May-15	376.20	38.07
Aug-15	381.00	38.56
Oct-15	388.90	39.36
Dec-15	400.20	40.50
Mar-16	409.30	41.42

Today’s More Sugar Crop Updates – Click Here

Pakistan Cotton Market Report – 06:30 PM -February 27, 2015

Pakistan Cotton Mandi Report

Karachi Stock Exchange Listed “Ishaq Textile Mills Ltd” Report – 06:10 PM -February 27, 2015

KSE Listed Textile Report

Today KCA Spot Rate – 12:15 PM – February 27, 2015

Today Karachi Cotton Association (KCA) spot price Unchanged at (New Crop 2014 -15) 4950 per maund Ex- Gin.

International Cotton Market Report – 12:00 PM -February 27, 2015

International Cotton Market Report

International Cotton Market Outlook – 11:40 AM -February 27, 2015

International Cotton Market Outlook

Pakistan Cotton Market Overnight Commentary – 11:30 AM – February 27, 2015

Continued interest of buyers in the domestic market has helped improve prices for quality lint. Buyers were seen very active in procuring the remaining quality stocks resulting in stable selling prices from the ginners. Prices in Punjab remained firm ranging between Rs.4600-5200 according to quality. Whereas prices in Sindh were at Rs.4400 to Rs.5000 per maund. News are that due to different factors farmers are not very interested in early sowing of the cotton crop for the next season.

NYBOT Cotton Future Contracts Closing – 10:05 AM – February 27, 2015

As on 26th February 2015 (1 USD = 101.30 PKR)

Month	c/lbs	PKR / maund
May 15 	65.17	5432.20
Jul 15 	65.21	5435.53
Oct 15 	65.64	5471.37
Dec 15 	66.12	5511.38
Mar 16 	65.8	5484.71
May 16 	65.45	5455.54

More Cotton Crop Updates – Click Here

Malaysian Palm Oil Products Report – 4:00 AM -February 27, 2015

Malaysian Palm Composite

Malaysian PM Cash Market Prices for Palm Oil – Feb 27 – 3:55 PM – February 27, 2015

The following are prices for Malaysian palm oil in the cash market at 1000 GMT Friday, supplied by commodity broker Matthes & Porton Bhd.

Prices are quoted in U.S. dollars a metric ton, except for crude palm oil and palm kernel oil, which are in ringgit a ton. Palm kernel oil prices are in ringgit a pikul, a Malaysian measurement equivalent to 60 kilograms.

Refined, bleached and deodorized palm oil, FOB, Malaysian ports 
              Offer      Change      Bid        Change   Traded 
Mar           660.00      00.00      Unquoted   -        - 
Apr/May/Jun   655.00     +05.00      Unquoted - - 
Jul/Aug/Sep   635.00     +05.50      Unquoted   -        - 
Oct/Nov/Dec   625.00     +02.50 
RBD palm olein, FOB, Malaysian ports 
              Offer      Change      Bid        Change   Traded 
Mar           662.50      00.00      Unquoted   -        - 
Apr/May/Jun   657.50     +05.00      Unquoted   -        - 
Jul/Aug/Sep   637.50     +05.00      Unquoted   -        - 
Oct/Nov/Dec   627.50     +02.50 
RBD palm stearin, FOB, Malaysian ports 
              Offer      Change      Bid        Change   Traded 
Mar           662.50     +02.50      Unquoted   -        - 
 
Palm Fatty Acid Distillate, FOB Malaysian ports 
              Offer      Change      Bid        Change   Traded 
Mar           630.00      00.00      Unquoted   -        - 
 
Crude palm oil, Delivered Basis, South Malaysia 
              Offer      Change      Bid        Change   Traded 
Mar           2300       +20.00      Unquoted   -        - 
 
Palm kernel oil, Delivered Basis, South Malaysia 
              Offer      Change      Bid        Change   Traded 
Mar           255.00      00.00      Unquoted   -        - 
 
($1=MYR3.6040)

MDEX CPO Future Contracts Closing – 03:50 PM – February 27, 2015

As on 27th February 2015 (1 MYR = 28.10 PKR)

Month    MYR/Ton    PKR / Ton
Mar-15	2321	65220.10
Apr-15	2312	64967.20
May-15	2309	64882.90
Jun-15	2295	64489.50
Jul-15	2271	63815.10

Malaysian AM Cash Market Prices for Palm Oil – Feb 27 – 12:30 PM – February 27, 2015

The following are prices for Malaysian palm oil in the cash market at 0430 GMT Friday, supplied by commodity broker Matthes & Porton Bhd.

Refined, bleached and deodorized palm oil, FOB, Malaysian ports 
              Offer      Change      Bid        Change   Traded 
Mar           660.00      00.00      Unquoted   -        - 
Apr/May/Jun   655.00     +05.00      Unquoted   -        - 
Jul/Aug/Sep   635.00     +05.00      Unquoted   -        - 
Oct/Nov/Dec   625.00     +02.50      Unquoted   -        - 
 
RBD palm olein, FOB, Malaysian ports 
              Offer      Change      Bid        Change   Traded 
Mar           662.50      00.00      Unquoted   -        - 
Apr/May/Jun   657.50     +05.00      Unquoted   -        - 
Jul/Aug/Sep   637.50     +05.00      Unquoted   -        - 
Oct/Nov/Dec   627.50     +02.50      Unquoted   -        - 
 
RBD palm stearin, FOB, Malaysian ports 
              Offer      Change      Bid        Change   Traded 
Mar           662.50     +02.50      Unquoted   -        - 
 
Palm Fatty Acid Distillate, FOB Malaysian ports 
              Offer      Change      Bid        Change   Traded 
Mar           630.00      00.00      Unquoted   -        - 
 
Crude palm oil, Delivered Basis, South Malaysia 
              Offer      Change      Bid        Change   Traded 
Mar           2320.00    +20.00      Unquoted   -        - 
 
 
Palm kernel oil, Delivered Basis, South Malaysia 
              Offer      Change      Bid        Change   Traded 
Mar            255.00     00.00      Unquoted   -        - 
 
($1=MYR3.6110)

CBOT Edible Oil Market Report – 11:00 AM -February 27, 2015

CBOT Market Outlook

CBOT Soybean Oil Future Contracts Closing – 10:30 AM – February 27, 2015

As on 26th February 2015 (1 USD = 101.50 PKR)

Month    c/lbs    PKR / maund
May 15 	32.04	2675.94
Jul 15 	32.22	2690.98
Aug 15 	32.26	2694.32
Sept 15 32.26	2694.32
Oct 15 	32.10	2680.95

Today’s More Palm Products Update – Click Here

Jodia Bazaar, Karachi Dairy & Dry Powdered Milk Prices – 04:45 PM -February 16, 2015

Brand			     PKR/ Bag
1)Dairy American SMP		 10,400
2)Dairy Best            	 10,400 
3)Fat Filled             	  9,800 
4)Amul                   	 12,000

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