Cotton Price in Pakistan  

Today Karachi Cotton Association Spot Rate:

Today Karachi Cotton Association (KCA) Spot price unchanged at 7000 per maund Ex-Gin.

Cotton market price in Pakistan 

Sindh Cotton Market Updates:

Saturday 11/1/2014 The Sindh cotton market was also stable. Upper Sindh cotton was traded in the  price range of Rs. 6850-7100 per maund. Phutty was traded at 2800-3050 per maund. Lower Sindh cotton was traded at the price range of 5500-6800 per maund while phutty was traded at 2000-2500 per maund.

Commodity Exchange in Pakistan

Stations Commodities Punjab Min. Punjab Max.

Mianwali,Punjab        Seed Cotton (Phutty)          3200(40kg.)           3350(40kg.)
Bahalngar,Punjab       Cotton Seed (B Seed)         1200(40kg.)          1250(40kg.)
Bahalngar,Punjab       Cotton Seed Oil (B Oil)       4500(40kg.)              4650(40kg.)
Bahalngar,Punjab       C S Cake (Khal)                 1600(56kg.)          1700(56kg.)
Kasur,Punjab               Rice Basmati                     2200(40kg.)          2450(40kg.)
Kasur, Punjab              Rice Irri                           1000(40kg.)          1050(40kg.)
Faibad,Punjab              Wheat                              3700(100kg.)        3800(100kg.)

Stations

Commodities

Punjab Min

Punjab Max                               Date : 09.Jan.2014

 Wheat in Pakistan

Punjab government announces Rs 18 billion flour subsidy

Punjab government has announced to extend a subsidy of Rs 18 billion for provision of flour to consumers on cheaper rates. It will release wheat to the flour mills at Rs 1330 per 40 kilograms which will ensure the provision of 20-kilogram flour bag to consumers at Rs 785 per bag.

This was announced at a joint press conference by the Punjab Minister for Law Rana Sanaullah, Food Minister Bilal Yaseen, Agriculture Minister Dr Farrukh Javed and Health Minister Khalil Tahir Sindhu. Secretary Food Punjab was also present on the occasion. He said that Punjab government at present have 3.94 million tons of wheat in its stock which is sufficient till the start of next wheat season rather it is 500,000 tons more than the requirement of the province.

The minister said that the Chief Minister had constituted three-member committee comprising Punjab law, food and agriculture ministers to fix the wheat release price for the current year. Keeping in view of all the circumstances, the committee had fixed the price at Rs 1330 per 40 kilogram. He said ample stocks are available with the provincial government and there is no question of wheat shortage.

He said that the government had also devised a strategy for provision of cheaper and quality food to the common man. He said that as per the vision of the Chief Minister Punjab, wheat production would be increased in the province which would not only help meeting provincial requirements but surplus production would be available for export to other provinces and international market.

Rana Sanaullah said that price of wheat and flour was less in the Punjab province as compared to other provinces. City District Government had also been issued directives to ensure availability of cooked chapatti on reasonable rates and for taking action against those charging more than the prescribed rate.

To another question, he said that the government under the leadership of Prime Minister Nawaz Sharif was working for solving the energy crisis, terrorism, ensuring provision of justice and relief to the common man. He said results of these efforts would soon start coming. He claimed that the present government was spending each penny of the nation on projects with full honesty and dedication.