Cotton market remains steady

KARACHI: Ginners held their strong positions at the cotton market on Thursday, which kept the trade steady, while prices of individual deals further increased to Rs6,100 per maund, a dealer said.

The spot rate remained unchanged at Rs5,800 per maund (37.324kg) and Rs6,216 per 40kg, while ex-Karachi spot rate remained firm at Rs5,930 per maund and Rs6,346 per 40kg after addition of Rs130 as upcountry expenses, he said.

An analyst said that although international market declined for the second consecutive day, prices in the local market remained stable on the back of strong stand by the ginners. Karachi cotton market recorded moderate trading of around 15,000 bales in between Rs4,600 to Rs6,100 per maund.

A total of 400 bales of Mirpurkhas and 1,000 low grade bales of Chichawatni were each sold at Rs4,600 per maund, 1,326 bales of Shaheed Benazirabad and 400 bales of Shahdadpur were each sold at Rs5,000, 400 bales of Pano Aqil at Rs5,800, 2,000 bales of Vehari at Rs5,450 to Rs5,600, 400 bales of Multan at Rs5,450, 400 bales of Lodhran at Rs5,600, 800 bales of Duniapur at Rs5,600 to Rs5,700 and 1,000 bales of Bahawalpur were sold at Rs5,675 to Rs5,700 per maund.

Likewise, Haroonabad’s 400 bales were sold at Rs5,700, 1,400 bales of Khanewal at Rs5,725 to Rs6,000, 400 bales of Mailsi, 1,000 bales of Sadiqabad and 600 bales of Chani Goth were each sold at Rs5,800 per maund, 600 bales of Chichawatni at Rs5,950, 1,000 bales of Rahim Yar Khan and 1,000 bales of Mianwali were each sold at Rs6,000 and 1,400 bales of Rajanpur were sold at Rs6,100 per maund.

Courtesy The NEWS

Cotton spot rate declines by Rs100

KARACHI: The local cotton market remained under pressure on Friday as international market recorded a major decline, which resulted in fall in the spot rate at the local market, a dealer said.

The spot rate declined by Rs100 per maund to Rs5,700 per maund (37.324kg) and Rs6,109 per 40kg, while ex-Karachi spot rate fell to Rs5,830 per maund and Rs6,239 per 40kg after addition of Rs130 as upcountry expenses, he said.

An analyst said that the international market recorded a major decline, which put pressure on the local market, but despite tense situation the trade continued.

“The international market revolves around New York cotton market, which has an impact over the world cotton market,” he said.

China cotton index recorded an increase on Friday, whereas New York cotton market recorded a major decline on all futures on Thursday. March futures in the New York cotton market fell by 3.24 cents to 90.38 cents per pound, while May futures decreased by 3.30 cents to 91.88 cents per pound.

Karachi cotton market recorded moderate trading of around 12,000 bales in between Rs4,600 to Rs6,000 per maund.

Tando Adam’s 200 bales were sold at Rs4,600 per maund, 200 bales of Ghotki at Rs5,750, 1,000 bales of Obaro at Rs6,000, 800 bales of Daranwala, 800 bales of Faqirwali and 1,000 bales of Haroonabad were each sold at Rs5,250 per maund, 400 bales of Gojra at Rs5,400, 1,000 bales of Vehari at Rs5,425 to Rs5,475, 400 bales of Fort Abbas at Rs5,450 and 1,800 bales of Hasilpur were sold at Rs5,450 to Rs5,500 per maund.

Likewise, Chistian’s 400 bales were sold at Rs5,450, 400 bales of Mamo Kanjan, 400 bales Rinala Khurd and 800 bales of Bahawalpur were each sold at Rs5,500 per maund, 400 bales of Rajanpur at Rs5,750, 800 bales of Kabirwala at Rs5,750 to Rs5,800, 200 bales of Multan, 200 bales of Kacha Kho and 600 bales of Basti Malook were each sold at Rs5,800, while 400 bales of Mianwali were sold at Rs6,000 per maund.

Courtesy The NEWS

Comparative price list of fruit, vegetables issued wrongly

LAHORE, February 13, 2012: THE Market Committee has issued comparative price list of fruits and vegetables this week again by ignoring the fact that weekly makeshift markets were established last week due to Eid-Miladun Nabi holiday.

This exposed the working of the Market Committee which only issued price lists by ignoring the ground realties. The prices fixed by the Market Committee are always a bone of contention between the vendors, buyers and administration. The vendors claimed that the Market Committee fixed rates wrongly and overcharged the buyers while the administration imposed fine and cancelled their stalls on overcharging. However, no higher authorities ever check the working of the Market Committee and asked it to mend its ways. The faulty working of the Market Committee has been exposed this week on which higher authorities could take action.

This week, price of potato was fixed at Rs 12 to 14 per kg, onion at Rs 28 to 35 per kg and vendors sold by mixing lower quality onion at higher side rates. The price of tomato was slightly came down from higher end and fixed at Rs 30 to 40 with an increase of influx of Indian tomato.

Both garlic China and Desi was fixed at Rs 80 to 90 per kg and sold at Rs 100 per kg. Ginger China was fixed at Rs 70 to 75 per kg and Ginger Thai landed at Rs 60 to 65 per kg while vendors sold it at Rs 80 per kg.

Spinach farm was fixed at Rs 5 to 7 per kg and Desi at Rs 8 to 10 per kg while spinach farm was sold at Rs 10 to 12 per kg. Brinjal was fixed at Rs 30 to 35 per kg but not available in makeshift markets while cucumber rates were fixed at Rs 26 to 32 per kg and sold at Rs 40 per kg.

Cabbage was fixed at Rs 15 to 20 per kg and cauliflower at Rs 8 to 12 per kg and sold at Rs 15 per kg. Pumpkin price was Rs 35 to 40 per kg and sold at Rs 50 per kg. Pea was fixed at Rs 30 to 36 per kg and sold at Rs 40 per kg. Capsicum was fixed at Rs 70 to 80 per kg and sold at Rs 100 per kg while green chilli was fixed at Rs 80 to 100 per kg but missing there while outside it was sold at Rs 120 to 160 per kg.

Carrot price was Rs 8 to 14 per kg and Radish was fixed at Rs 7 to 8 per kg but not sold there and outside the Sunday bazaars sold at Rs 20 per kg. The prices of different variety of apple were ranging from Rs 40 to 155 per kg while average price of B-category apple was Rs 50 to 150 per kg.

Guava price was fixed at Rs 30 to 35 per kg and sold at Rs 50 to 60 per kg.

Strawberry price was fixed at Rs 160 to 200 per kg but not seen there.

Musmai price was Rs 100 to 110 per dozen and Malta at Rs 60 to 70 per dozen.

Kinow special quality was fixed at Rs 80 to 100 per dozen, Kinow A-quality at Rs 50 to 60 per dozen and sold at Rs 80 per dozen and Kinow B-quality at Rs 30 to 40 per dozen while vendors sold it Rs 60 per dozen.

Grapefruit price was fixed at Rs 15 to 20 per piece and B-quality was sold at Rs 20 per piece. Banana A-quality was fixed at Rs 40 to 45 per dozen and B-quality at Rs 30 to 35 per dozen and sold at Rs 45 per dozen.

Courtesy The NEWS

0

Cotton market remains steady

KARACHI: Ginners held their strong positions at the cotton market on Thursday, which kept the trade steady, while prices of individual deals further increased to Rs6,100 per maund, a dealer said.

The spot rate remained unchanged at Rs5,800 per maund (37.324kg) and Rs6,216 per 40kg, while ex-Karachi spot rate remained firm at Rs5,930 per maund and Rs6,346 per 40kg after addition of Rs130 as upcountry expenses, he said.

An analyst said that although international market declined for the second consecutive day, prices in the local market remained stable on the back of strong stand by the ginners. Karachi cotton market recorded moderate trading of around 15,000 bales in between Rs4,600 to Rs6,100 per maund.

A total of 400 bales of Mirpurkhas and 1,000 low grade bales of Chichawatni were each sold at Rs4,600 per maund, 1,326 bales of Shaheed Benazirabad and 400 bales of Shahdadpur were each sold at Rs5,000, 400 bales of Pano Aqil at Rs5,800, 2,000 bales of Vehari at Rs5,450 to Rs5,600, 400 bales of Multan at Rs5,450, 400 bales of Lodhran at Rs5,600, 800 bales of Duniapur at Rs5,600 to Rs5,700 and 1,000 bales of Bahawalpur were sold at Rs5,675 to Rs5,700 per maund.

Likewise, Haroonabad’s 400 bales were sold at Rs5,700, 1,400 bales of Khanewal at Rs5,725 to Rs6,000, 400 bales of Mailsi, 1,000 bales of Sadiqabad and 600 bales of Chani Goth were each sold at Rs5,800 per maund, 600 bales of Chichawatni at Rs5,950, 1,000 bales of Rahim Yar Khan and 1,000 bales of Mianwali were each sold at Rs6,000 and 1,400 bales of Rajanpur were sold at Rs6,100 per maund.

Courtesy The NEWS

Cotton spot rate declines by Rs100

KARACHI: The local cotton market remained under pressure on Friday as international market recorded a major decline, which resulted in fall in the spot rate at the local market, a dealer said.

The spot rate declined by Rs100 per maund to Rs5,700 per maund (37.324kg) and Rs6,109 per 40kg, while ex-Karachi spot rate fell to Rs5,830 per maund and Rs6,239 per 40kg after addition of Rs130 as upcountry expenses, he said.

An analyst said that the international market recorded a major decline, which put pressure on the local market, but despite tense situation the trade continued.

“The international market revolves around New York cotton market, which has an impact over the world cotton market,” he said.

China cotton index recorded an increase on Friday, whereas New York cotton market recorded a major decline on all futures on Thursday. March futures in the New York cotton market fell by 3.24 cents to 90.38 cents per pound, while May futures decreased by 3.30 cents to 91.88 cents per pound.

Karachi cotton market recorded moderate trading of around 12,000 bales in between Rs4,600 to Rs6,000 per maund.

Tando Adam’s 200 bales were sold at Rs4,600 per maund, 200 bales of Ghotki at Rs5,750, 1,000 bales of Obaro at Rs6,000, 800 bales of Daranwala, 800 bales of Faqirwali and 1,000 bales of Haroonabad were each sold at Rs5,250 per maund, 400 bales of Gojra at Rs5,400, 1,000 bales of Vehari at Rs5,425 to Rs5,475, 400 bales of Fort Abbas at Rs5,450 and 1,800 bales of Hasilpur were sold at Rs5,450 to Rs5,500 per maund.

Likewise, Chistian’s 400 bales were sold at Rs5,450, 400 bales of Mamo Kanjan, 400 bales Rinala Khurd and 800 bales of Bahawalpur were each sold at Rs5,500 per maund, 400 bales of Rajanpur at Rs5,750, 800 bales of Kabirwala at Rs5,750 to Rs5,800, 200 bales of Multan, 200 bales of Kacha Kho and 600 bales of Basti Malook were each sold at Rs5,800, while 400 bales of Mianwali were sold at Rs6,000 per maund.

Courtesy The NEWS

Comparative price list of fruit, vegetables issued wrongly

LAHORE, February 13, 2012: THE Market Committee has issued comparative price list of fruits and vegetables this week again by ignoring the fact that weekly makeshift markets were established last week due to Eid-Miladun Nabi holiday.

This exposed the working of the Market Committee which only issued price lists by ignoring the ground realties. The prices fixed by the Market Committee are always a bone of contention between the vendors, buyers and administration. The vendors claimed that the Market Committee fixed rates wrongly and overcharged the buyers while the administration imposed fine and cancelled their stalls on overcharging. However, no higher authorities ever check the working of the Market Committee and asked it to mend its ways. The faulty working of the Market Committee has been exposed this week on which higher authorities could take action.

This week, price of potato was fixed at Rs 12 to 14 per kg, onion at Rs 28 to 35 per kg and vendors sold by mixing lower quality onion at higher side rates. The price of tomato was slightly came down from higher end and fixed at Rs 30 to 40 with an increase of influx of Indian tomato.

Both garlic China and Desi was fixed at Rs 80 to 90 per kg and sold at Rs 100 per kg. Ginger China was fixed at Rs 70 to 75 per kg and Ginger Thai landed at Rs 60 to 65 per kg while vendors sold it at Rs 80 per kg.

Spinach farm was fixed at Rs 5 to 7 per kg and Desi at Rs 8 to 10 per kg while spinach farm was sold at Rs 10 to 12 per kg. Brinjal was fixed at Rs 30 to 35 per kg but not available in makeshift markets while cucumber rates were fixed at Rs 26 to 32 per kg and sold at Rs 40 per kg.

Cabbage was fixed at Rs 15 to 20 per kg and cauliflower at Rs 8 to 12 per kg and sold at Rs 15 per kg. Pumpkin price was Rs 35 to 40 per kg and sold at Rs 50 per kg. Pea was fixed at Rs 30 to 36 per kg and sold at Rs 40 per kg. Capsicum was fixed at Rs 70 to 80 per kg and sold at Rs 100 per kg while green chilli was fixed at Rs 80 to 100 per kg but missing there while outside it was sold at Rs 120 to 160 per kg.

Carrot price was Rs 8 to 14 per kg and Radish was fixed at Rs 7 to 8 per kg but not sold there and outside the Sunday bazaars sold at Rs 20 per kg. The prices of different variety of apple were ranging from Rs 40 to 155 per kg while average price of B-category apple was Rs 50 to 150 per kg.

Guava price was fixed at Rs 30 to 35 per kg and sold at Rs 50 to 60 per kg.

Strawberry price was fixed at Rs 160 to 200 per kg but not seen there.

Musmai price was Rs 100 to 110 per dozen and Malta at Rs 60 to 70 per dozen.

Kinow special quality was fixed at Rs 80 to 100 per dozen, Kinow A-quality at Rs 50 to 60 per dozen and sold at Rs 80 per dozen and Kinow B-quality at Rs 30 to 40 per dozen while vendors sold it Rs 60 per dozen.

Grapefruit price was fixed at Rs 15 to 20 per piece and B-quality was sold at Rs 20 per piece. Banana A-quality was fixed at Rs 40 to 45 per dozen and B-quality at Rs 30 to 35 per dozen and sold at Rs 45 per dozen.

Courtesy The NEWS

0

Cotton market remains steady

KARACHI: Ginners held their strong positions at the cotton market on Thursday, which kept the trade steady, while prices of individual deals further increased to Rs6,100 per maund, a dealer said.

The spot rate remained unchanged at Rs5,800 per maund (37.324kg) and Rs6,216 per 40kg, while ex-Karachi spot rate remained firm at Rs5,930 per maund and Rs6,346 per 40kg after addition of Rs130 as upcountry expenses, he said.

An analyst said that although international market declined for the second consecutive day, prices in the local market remained stable on the back of strong stand by the ginners. Karachi cotton market recorded moderate trading of around 15,000 bales in between Rs4,600 to Rs6,100 per maund.

A total of 400 bales of Mirpurkhas and 1,000 low grade bales of Chichawatni were each sold at Rs4,600 per maund, 1,326 bales of Shaheed Benazirabad and 400 bales of Shahdadpur were each sold at Rs5,000, 400 bales of Pano Aqil at Rs5,800, 2,000 bales of Vehari at Rs5,450 to Rs5,600, 400 bales of Multan at Rs5,450, 400 bales of Lodhran at Rs5,600, 800 bales of Duniapur at Rs5,600 to Rs5,700 and 1,000 bales of Bahawalpur were sold at Rs5,675 to Rs5,700 per maund.

Likewise, Haroonabad’s 400 bales were sold at Rs5,700, 1,400 bales of Khanewal at Rs5,725 to Rs6,000, 400 bales of Mailsi, 1,000 bales of Sadiqabad and 600 bales of Chani Goth were each sold at Rs5,800 per maund, 600 bales of Chichawatni at Rs5,950, 1,000 bales of Rahim Yar Khan and 1,000 bales of Mianwali were each sold at Rs6,000 and 1,400 bales of Rajanpur were sold at Rs6,100 per maund.

Courtesy The NEWS

Cotton spot rate declines by Rs100

KARACHI: The local cotton market remained under pressure on Friday as international market recorded a major decline, which resulted in fall in the spot rate at the local market, a dealer said.

The spot rate declined by Rs100 per maund to Rs5,700 per maund (37.324kg) and Rs6,109 per 40kg, while ex-Karachi spot rate fell to Rs5,830 per maund and Rs6,239 per 40kg after addition of Rs130 as upcountry expenses, he said.

An analyst said that the international market recorded a major decline, which put pressure on the local market, but despite tense situation the trade continued.

“The international market revolves around New York cotton market, which has an impact over the world cotton market,” he said.

China cotton index recorded an increase on Friday, whereas New York cotton market recorded a major decline on all futures on Thursday. March futures in the New York cotton market fell by 3.24 cents to 90.38 cents per pound, while May futures decreased by 3.30 cents to 91.88 cents per pound.

Karachi cotton market recorded moderate trading of around 12,000 bales in between Rs4,600 to Rs6,000 per maund.

Tando Adam’s 200 bales were sold at Rs4,600 per maund, 200 bales of Ghotki at Rs5,750, 1,000 bales of Obaro at Rs6,000, 800 bales of Daranwala, 800 bales of Faqirwali and 1,000 bales of Haroonabad were each sold at Rs5,250 per maund, 400 bales of Gojra at Rs5,400, 1,000 bales of Vehari at Rs5,425 to Rs5,475, 400 bales of Fort Abbas at Rs5,450 and 1,800 bales of Hasilpur were sold at Rs5,450 to Rs5,500 per maund.

Likewise, Chistian’s 400 bales were sold at Rs5,450, 400 bales of Mamo Kanjan, 400 bales Rinala Khurd and 800 bales of Bahawalpur were each sold at Rs5,500 per maund, 400 bales of Rajanpur at Rs5,750, 800 bales of Kabirwala at Rs5,750 to Rs5,800, 200 bales of Multan, 200 bales of Kacha Kho and 600 bales of Basti Malook were each sold at Rs5,800, while 400 bales of Mianwali were sold at Rs6,000 per maund.

Courtesy The NEWS

Comparative price list of fruit, vegetables issued wrongly

LAHORE, February 13, 2012: THE Market Committee has issued comparative price list of fruits and vegetables this week again by ignoring the fact that weekly makeshift markets were established last week due to Eid-Miladun Nabi holiday.

This exposed the working of the Market Committee which only issued price lists by ignoring the ground realties. The prices fixed by the Market Committee are always a bone of contention between the vendors, buyers and administration. The vendors claimed that the Market Committee fixed rates wrongly and overcharged the buyers while the administration imposed fine and cancelled their stalls on overcharging. However, no higher authorities ever check the working of the Market Committee and asked it to mend its ways. The faulty working of the Market Committee has been exposed this week on which higher authorities could take action.

This week, price of potato was fixed at Rs 12 to 14 per kg, onion at Rs 28 to 35 per kg and vendors sold by mixing lower quality onion at higher side rates. The price of tomato was slightly came down from higher end and fixed at Rs 30 to 40 with an increase of influx of Indian tomato.

Both garlic China and Desi was fixed at Rs 80 to 90 per kg and sold at Rs 100 per kg. Ginger China was fixed at Rs 70 to 75 per kg and Ginger Thai landed at Rs 60 to 65 per kg while vendors sold it at Rs 80 per kg.

Spinach farm was fixed at Rs 5 to 7 per kg and Desi at Rs 8 to 10 per kg while spinach farm was sold at Rs 10 to 12 per kg. Brinjal was fixed at Rs 30 to 35 per kg but not available in makeshift markets while cucumber rates were fixed at Rs 26 to 32 per kg and sold at Rs 40 per kg.

Cabbage was fixed at Rs 15 to 20 per kg and cauliflower at Rs 8 to 12 per kg and sold at Rs 15 per kg. Pumpkin price was Rs 35 to 40 per kg and sold at Rs 50 per kg. Pea was fixed at Rs 30 to 36 per kg and sold at Rs 40 per kg. Capsicum was fixed at Rs 70 to 80 per kg and sold at Rs 100 per kg while green chilli was fixed at Rs 80 to 100 per kg but missing there while outside it was sold at Rs 120 to 160 per kg.

Carrot price was Rs 8 to 14 per kg and Radish was fixed at Rs 7 to 8 per kg but not sold there and outside the Sunday bazaars sold at Rs 20 per kg. The prices of different variety of apple were ranging from Rs 40 to 155 per kg while average price of B-category apple was Rs 50 to 150 per kg.

Guava price was fixed at Rs 30 to 35 per kg and sold at Rs 50 to 60 per kg.

Strawberry price was fixed at Rs 160 to 200 per kg but not seen there.

Musmai price was Rs 100 to 110 per dozen and Malta at Rs 60 to 70 per dozen.

Kinow special quality was fixed at Rs 80 to 100 per dozen, Kinow A-quality at Rs 50 to 60 per dozen and sold at Rs 80 per dozen and Kinow B-quality at Rs 30 to 40 per dozen while vendors sold it Rs 60 per dozen.

Grapefruit price was fixed at Rs 15 to 20 per piece and B-quality was sold at Rs 20 per piece. Banana A-quality was fixed at Rs 40 to 45 per dozen and B-quality at Rs 30 to 35 per dozen and sold at Rs 45 per dozen.

Courtesy The NEWS

0

Cotton market remains steady

KARACHI: Ginners held their strong positions at the cotton market on Thursday, which kept the trade steady, while prices of individual deals further increased to Rs6,100 per maund, a dealer said.

The spot rate remained unchanged at Rs5,800 per maund (37.324kg) and Rs6,216 per 40kg, while ex-Karachi spot rate remained firm at Rs5,930 per maund and Rs6,346 per 40kg after addition of Rs130 as upcountry expenses, he said.

An analyst said that although international market declined for the second consecutive day, prices in the local market remained stable on the back of strong stand by the ginners. Karachi cotton market recorded moderate trading of around 15,000 bales in between Rs4,600 to Rs6,100 per maund.

A total of 400 bales of Mirpurkhas and 1,000 low grade bales of Chichawatni were each sold at Rs4,600 per maund, 1,326 bales of Shaheed Benazirabad and 400 bales of Shahdadpur were each sold at Rs5,000, 400 bales of Pano Aqil at Rs5,800, 2,000 bales of Vehari at Rs5,450 to Rs5,600, 400 bales of Multan at Rs5,450, 400 bales of Lodhran at Rs5,600, 800 bales of Duniapur at Rs5,600 to Rs5,700 and 1,000 bales of Bahawalpur were sold at Rs5,675 to Rs5,700 per maund.

Likewise, Haroonabad’s 400 bales were sold at Rs5,700, 1,400 bales of Khanewal at Rs5,725 to Rs6,000, 400 bales of Mailsi, 1,000 bales of Sadiqabad and 600 bales of Chani Goth were each sold at Rs5,800 per maund, 600 bales of Chichawatni at Rs5,950, 1,000 bales of Rahim Yar Khan and 1,000 bales of Mianwali were each sold at Rs6,000 and 1,400 bales of Rajanpur were sold at Rs6,100 per maund.

Courtesy The NEWS

Cotton spot rate declines by Rs100

KARACHI: The local cotton market remained under pressure on Friday as international market recorded a major decline, which resulted in fall in the spot rate at the local market, a dealer said.

The spot rate declined by Rs100 per maund to Rs5,700 per maund (37.324kg) and Rs6,109 per 40kg, while ex-Karachi spot rate fell to Rs5,830 per maund and Rs6,239 per 40kg after addition of Rs130 as upcountry expenses, he said.

An analyst said that the international market recorded a major decline, which put pressure on the local market, but despite tense situation the trade continued.

“The international market revolves around New York cotton market, which has an impact over the world cotton market,” he said.

China cotton index recorded an increase on Friday, whereas New York cotton market recorded a major decline on all futures on Thursday. March futures in the New York cotton market fell by 3.24 cents to 90.38 cents per pound, while May futures decreased by 3.30 cents to 91.88 cents per pound.

Karachi cotton market recorded moderate trading of around 12,000 bales in between Rs4,600 to Rs6,000 per maund.

Tando Adam’s 200 bales were sold at Rs4,600 per maund, 200 bales of Ghotki at Rs5,750, 1,000 bales of Obaro at Rs6,000, 800 bales of Daranwala, 800 bales of Faqirwali and 1,000 bales of Haroonabad were each sold at Rs5,250 per maund, 400 bales of Gojra at Rs5,400, 1,000 bales of Vehari at Rs5,425 to Rs5,475, 400 bales of Fort Abbas at Rs5,450 and 1,800 bales of Hasilpur were sold at Rs5,450 to Rs5,500 per maund.

Likewise, Chistian’s 400 bales were sold at Rs5,450, 400 bales of Mamo Kanjan, 400 bales Rinala Khurd and 800 bales of Bahawalpur were each sold at Rs5,500 per maund, 400 bales of Rajanpur at Rs5,750, 800 bales of Kabirwala at Rs5,750 to Rs5,800, 200 bales of Multan, 200 bales of Kacha Kho and 600 bales of Basti Malook were each sold at Rs5,800, while 400 bales of Mianwali were sold at Rs6,000 per maund.

Courtesy The NEWS

Comparative price list of fruit, vegetables issued wrongly

LAHORE, February 13, 2012: THE Market Committee has issued comparative price list of fruits and vegetables this week again by ignoring the fact that weekly makeshift markets were established last week due to Eid-Miladun Nabi holiday.

This exposed the working of the Market Committee which only issued price lists by ignoring the ground realties. The prices fixed by the Market Committee are always a bone of contention between the vendors, buyers and administration. The vendors claimed that the Market Committee fixed rates wrongly and overcharged the buyers while the administration imposed fine and cancelled their stalls on overcharging. However, no higher authorities ever check the working of the Market Committee and asked it to mend its ways. The faulty working of the Market Committee has been exposed this week on which higher authorities could take action.

This week, price of potato was fixed at Rs 12 to 14 per kg, onion at Rs 28 to 35 per kg and vendors sold by mixing lower quality onion at higher side rates. The price of tomato was slightly came down from higher end and fixed at Rs 30 to 40 with an increase of influx of Indian tomato.

Both garlic China and Desi was fixed at Rs 80 to 90 per kg and sold at Rs 100 per kg. Ginger China was fixed at Rs 70 to 75 per kg and Ginger Thai landed at Rs 60 to 65 per kg while vendors sold it at Rs 80 per kg.

Spinach farm was fixed at Rs 5 to 7 per kg and Desi at Rs 8 to 10 per kg while spinach farm was sold at Rs 10 to 12 per kg. Brinjal was fixed at Rs 30 to 35 per kg but not available in makeshift markets while cucumber rates were fixed at Rs 26 to 32 per kg and sold at Rs 40 per kg.

Cabbage was fixed at Rs 15 to 20 per kg and cauliflower at Rs 8 to 12 per kg and sold at Rs 15 per kg. Pumpkin price was Rs 35 to 40 per kg and sold at Rs 50 per kg. Pea was fixed at Rs 30 to 36 per kg and sold at Rs 40 per kg. Capsicum was fixed at Rs 70 to 80 per kg and sold at Rs 100 per kg while green chilli was fixed at Rs 80 to 100 per kg but missing there while outside it was sold at Rs 120 to 160 per kg.

Carrot price was Rs 8 to 14 per kg and Radish was fixed at Rs 7 to 8 per kg but not sold there and outside the Sunday bazaars sold at Rs 20 per kg. The prices of different variety of apple were ranging from Rs 40 to 155 per kg while average price of B-category apple was Rs 50 to 150 per kg.

Guava price was fixed at Rs 30 to 35 per kg and sold at Rs 50 to 60 per kg.

Strawberry price was fixed at Rs 160 to 200 per kg but not seen there.

Musmai price was Rs 100 to 110 per dozen and Malta at Rs 60 to 70 per dozen.

Kinow special quality was fixed at Rs 80 to 100 per dozen, Kinow A-quality at Rs 50 to 60 per dozen and sold at Rs 80 per dozen and Kinow B-quality at Rs 30 to 40 per dozen while vendors sold it Rs 60 per dozen.

Grapefruit price was fixed at Rs 15 to 20 per piece and B-quality was sold at Rs 20 per piece. Banana A-quality was fixed at Rs 40 to 45 per dozen and B-quality at Rs 30 to 35 per dozen and sold at Rs 45 per dozen.

Courtesy The NEWS

0

Cotton market remains steady

KARACHI: Ginners held their strong positions at the cotton market on Thursday, which kept the trade steady, while prices of individual deals further increased to Rs6,100 per maund, a dealer said.

The spot rate remained unchanged at Rs5,800 per maund (37.324kg) and Rs6,216 per 40kg, while ex-Karachi spot rate remained firm at Rs5,930 per maund and Rs6,346 per 40kg after addition of Rs130 as upcountry expenses, he said.

An analyst said that although international market declined for the second consecutive day, prices in the local market remained stable on the back of strong stand by the ginners. Karachi cotton market recorded moderate trading of around 15,000 bales in between Rs4,600 to Rs6,100 per maund.

A total of 400 bales of Mirpurkhas and 1,000 low grade bales of Chichawatni were each sold at Rs4,600 per maund, 1,326 bales of Shaheed Benazirabad and 400 bales of Shahdadpur were each sold at Rs5,000, 400 bales of Pano Aqil at Rs5,800, 2,000 bales of Vehari at Rs5,450 to Rs5,600, 400 bales of Multan at Rs5,450, 400 bales of Lodhran at Rs5,600, 800 bales of Duniapur at Rs5,600 to Rs5,700 and 1,000 bales of Bahawalpur were sold at Rs5,675 to Rs5,700 per maund.

Likewise, Haroonabad’s 400 bales were sold at Rs5,700, 1,400 bales of Khanewal at Rs5,725 to Rs6,000, 400 bales of Mailsi, 1,000 bales of Sadiqabad and 600 bales of Chani Goth were each sold at Rs5,800 per maund, 600 bales of Chichawatni at Rs5,950, 1,000 bales of Rahim Yar Khan and 1,000 bales of Mianwali were each sold at Rs6,000 and 1,400 bales of Rajanpur were sold at Rs6,100 per maund.

Courtesy The NEWS

Cotton spot rate declines by Rs100

KARACHI: The local cotton market remained under pressure on Friday as international market recorded a major decline, which resulted in fall in the spot rate at the local market, a dealer said.

The spot rate declined by Rs100 per maund to Rs5,700 per maund (37.324kg) and Rs6,109 per 40kg, while ex-Karachi spot rate fell to Rs5,830 per maund and Rs6,239 per 40kg after addition of Rs130 as upcountry expenses, he said.

An analyst said that the international market recorded a major decline, which put pressure on the local market, but despite tense situation the trade continued.

“The international market revolves around New York cotton market, which has an impact over the world cotton market,” he said.

China cotton index recorded an increase on Friday, whereas New York cotton market recorded a major decline on all futures on Thursday. March futures in the New York cotton market fell by 3.24 cents to 90.38 cents per pound, while May futures decreased by 3.30 cents to 91.88 cents per pound.

Karachi cotton market recorded moderate trading of around 12,000 bales in between Rs4,600 to Rs6,000 per maund.

Tando Adam’s 200 bales were sold at Rs4,600 per maund, 200 bales of Ghotki at Rs5,750, 1,000 bales of Obaro at Rs6,000, 800 bales of Daranwala, 800 bales of Faqirwali and 1,000 bales of Haroonabad were each sold at Rs5,250 per maund, 400 bales of Gojra at Rs5,400, 1,000 bales of Vehari at Rs5,425 to Rs5,475, 400 bales of Fort Abbas at Rs5,450 and 1,800 bales of Hasilpur were sold at Rs5,450 to Rs5,500 per maund.

Likewise, Chistian’s 400 bales were sold at Rs5,450, 400 bales of Mamo Kanjan, 400 bales Rinala Khurd and 800 bales of Bahawalpur were each sold at Rs5,500 per maund, 400 bales of Rajanpur at Rs5,750, 800 bales of Kabirwala at Rs5,750 to Rs5,800, 200 bales of Multan, 200 bales of Kacha Kho and 600 bales of Basti Malook were each sold at Rs5,800, while 400 bales of Mianwali were sold at Rs6,000 per maund.

Courtesy The NEWS

Comparative price list of fruit, vegetables issued wrongly

LAHORE, February 13, 2012: THE Market Committee has issued comparative price list of fruits and vegetables this week again by ignoring the fact that weekly makeshift markets were established last week due to Eid-Miladun Nabi holiday.

This exposed the working of the Market Committee which only issued price lists by ignoring the ground realties. The prices fixed by the Market Committee are always a bone of contention between the vendors, buyers and administration. The vendors claimed that the Market Committee fixed rates wrongly and overcharged the buyers while the administration imposed fine and cancelled their stalls on overcharging. However, no higher authorities ever check the working of the Market Committee and asked it to mend its ways. The faulty working of the Market Committee has been exposed this week on which higher authorities could take action.

This week, price of potato was fixed at Rs 12 to 14 per kg, onion at Rs 28 to 35 per kg and vendors sold by mixing lower quality onion at higher side rates. The price of tomato was slightly came down from higher end and fixed at Rs 30 to 40 with an increase of influx of Indian tomato.

Both garlic China and Desi was fixed at Rs 80 to 90 per kg and sold at Rs 100 per kg. Ginger China was fixed at Rs 70 to 75 per kg and Ginger Thai landed at Rs 60 to 65 per kg while vendors sold it at Rs 80 per kg.

Spinach farm was fixed at Rs 5 to 7 per kg and Desi at Rs 8 to 10 per kg while spinach farm was sold at Rs 10 to 12 per kg. Brinjal was fixed at Rs 30 to 35 per kg but not available in makeshift markets while cucumber rates were fixed at Rs 26 to 32 per kg and sold at Rs 40 per kg.

Cabbage was fixed at Rs 15 to 20 per kg and cauliflower at Rs 8 to 12 per kg and sold at Rs 15 per kg. Pumpkin price was Rs 35 to 40 per kg and sold at Rs 50 per kg. Pea was fixed at Rs 30 to 36 per kg and sold at Rs 40 per kg. Capsicum was fixed at Rs 70 to 80 per kg and sold at Rs 100 per kg while green chilli was fixed at Rs 80 to 100 per kg but missing there while outside it was sold at Rs 120 to 160 per kg.

Carrot price was Rs 8 to 14 per kg and Radish was fixed at Rs 7 to 8 per kg but not sold there and outside the Sunday bazaars sold at Rs 20 per kg. The prices of different variety of apple were ranging from Rs 40 to 155 per kg while average price of B-category apple was Rs 50 to 150 per kg.

Guava price was fixed at Rs 30 to 35 per kg and sold at Rs 50 to 60 per kg.

Strawberry price was fixed at Rs 160 to 200 per kg but not seen there.

Musmai price was Rs 100 to 110 per dozen and Malta at Rs 60 to 70 per dozen.

Kinow special quality was fixed at Rs 80 to 100 per dozen, Kinow A-quality at Rs 50 to 60 per dozen and sold at Rs 80 per dozen and Kinow B-quality at Rs 30 to 40 per dozen while vendors sold it Rs 60 per dozen.

Grapefruit price was fixed at Rs 15 to 20 per piece and B-quality was sold at Rs 20 per piece. Banana A-quality was fixed at Rs 40 to 45 per dozen and B-quality at Rs 30 to 35 per dozen and sold at Rs 45 per dozen.

Courtesy The NEWS

0

Cotton market remains steady

KARACHI: Ginners held their strong positions at the cotton market on Thursday, which kept the trade steady, while prices of individual deals further increased to Rs6,100 per maund, a dealer said.

The spot rate remained unchanged at Rs5,800 per maund (37.324kg) and Rs6,216 per 40kg, while ex-Karachi spot rate remained firm at Rs5,930 per maund and Rs6,346 per 40kg after addition of Rs130 as upcountry expenses, he said.

An analyst said that although international market declined for the second consecutive day, prices in the local market remained stable on the back of strong stand by the ginners. Karachi cotton market recorded moderate trading of around 15,000 bales in between Rs4,600 to Rs6,100 per maund.

A total of 400 bales of Mirpurkhas and 1,000 low grade bales of Chichawatni were each sold at Rs4,600 per maund, 1,326 bales of Shaheed Benazirabad and 400 bales of Shahdadpur were each sold at Rs5,000, 400 bales of Pano Aqil at Rs5,800, 2,000 bales of Vehari at Rs5,450 to Rs5,600, 400 bales of Multan at Rs5,450, 400 bales of Lodhran at Rs5,600, 800 bales of Duniapur at Rs5,600 to Rs5,700 and 1,000 bales of Bahawalpur were sold at Rs5,675 to Rs5,700 per maund.

Likewise, Haroonabad’s 400 bales were sold at Rs5,700, 1,400 bales of Khanewal at Rs5,725 to Rs6,000, 400 bales of Mailsi, 1,000 bales of Sadiqabad and 600 bales of Chani Goth were each sold at Rs5,800 per maund, 600 bales of Chichawatni at Rs5,950, 1,000 bales of Rahim Yar Khan and 1,000 bales of Mianwali were each sold at Rs6,000 and 1,400 bales of Rajanpur were sold at Rs6,100 per maund.

Courtesy The NEWS

Cotton spot rate declines by Rs100

KARACHI: The local cotton market remained under pressure on Friday as international market recorded a major decline, which resulted in fall in the spot rate at the local market, a dealer said.

The spot rate declined by Rs100 per maund to Rs5,700 per maund (37.324kg) and Rs6,109 per 40kg, while ex-Karachi spot rate fell to Rs5,830 per maund and Rs6,239 per 40kg after addition of Rs130 as upcountry expenses, he said.

An analyst said that the international market recorded a major decline, which put pressure on the local market, but despite tense situation the trade continued.

“The international market revolves around New York cotton market, which has an impact over the world cotton market,” he said.

China cotton index recorded an increase on Friday, whereas New York cotton market recorded a major decline on all futures on Thursday. March futures in the New York cotton market fell by 3.24 cents to 90.38 cents per pound, while May futures decreased by 3.30 cents to 91.88 cents per pound.

Karachi cotton market recorded moderate trading of around 12,000 bales in between Rs4,600 to Rs6,000 per maund.

Tando Adam’s 200 bales were sold at Rs4,600 per maund, 200 bales of Ghotki at Rs5,750, 1,000 bales of Obaro at Rs6,000, 800 bales of Daranwala, 800 bales of Faqirwali and 1,000 bales of Haroonabad were each sold at Rs5,250 per maund, 400 bales of Gojra at Rs5,400, 1,000 bales of Vehari at Rs5,425 to Rs5,475, 400 bales of Fort Abbas at Rs5,450 and 1,800 bales of Hasilpur were sold at Rs5,450 to Rs5,500 per maund.

Likewise, Chistian’s 400 bales were sold at Rs5,450, 400 bales of Mamo Kanjan, 400 bales Rinala Khurd and 800 bales of Bahawalpur were each sold at Rs5,500 per maund, 400 bales of Rajanpur at Rs5,750, 800 bales of Kabirwala at Rs5,750 to Rs5,800, 200 bales of Multan, 200 bales of Kacha Kho and 600 bales of Basti Malook were each sold at Rs5,800, while 400 bales of Mianwali were sold at Rs6,000 per maund.

Courtesy The NEWS

Comparative price list of fruit, vegetables issued wrongly

LAHORE, February 13, 2012: THE Market Committee has issued comparative price list of fruits and vegetables this week again by ignoring the fact that weekly makeshift markets were established last week due to Eid-Miladun Nabi holiday.

This exposed the working of the Market Committee which only issued price lists by ignoring the ground realties. The prices fixed by the Market Committee are always a bone of contention between the vendors, buyers and administration. The vendors claimed that the Market Committee fixed rates wrongly and overcharged the buyers while the administration imposed fine and cancelled their stalls on overcharging. However, no higher authorities ever check the working of the Market Committee and asked it to mend its ways. The faulty working of the Market Committee has been exposed this week on which higher authorities could take action.

This week, price of potato was fixed at Rs 12 to 14 per kg, onion at Rs 28 to 35 per kg and vendors sold by mixing lower quality onion at higher side rates. The price of tomato was slightly came down from higher end and fixed at Rs 30 to 40 with an increase of influx of Indian tomato.

Both garlic China and Desi was fixed at Rs 80 to 90 per kg and sold at Rs 100 per kg. Ginger China was fixed at Rs 70 to 75 per kg and Ginger Thai landed at Rs 60 to 65 per kg while vendors sold it at Rs 80 per kg.

Spinach farm was fixed at Rs 5 to 7 per kg and Desi at Rs 8 to 10 per kg while spinach farm was sold at Rs 10 to 12 per kg. Brinjal was fixed at Rs 30 to 35 per kg but not available in makeshift markets while cucumber rates were fixed at Rs 26 to 32 per kg and sold at Rs 40 per kg.

Cabbage was fixed at Rs 15 to 20 per kg and cauliflower at Rs 8 to 12 per kg and sold at Rs 15 per kg. Pumpkin price was Rs 35 to 40 per kg and sold at Rs 50 per kg. Pea was fixed at Rs 30 to 36 per kg and sold at Rs 40 per kg. Capsicum was fixed at Rs 70 to 80 per kg and sold at Rs 100 per kg while green chilli was fixed at Rs 80 to 100 per kg but missing there while outside it was sold at Rs 120 to 160 per kg.

Carrot price was Rs 8 to 14 per kg and Radish was fixed at Rs 7 to 8 per kg but not sold there and outside the Sunday bazaars sold at Rs 20 per kg. The prices of different variety of apple were ranging from Rs 40 to 155 per kg while average price of B-category apple was Rs 50 to 150 per kg.

Guava price was fixed at Rs 30 to 35 per kg and sold at Rs 50 to 60 per kg.

Strawberry price was fixed at Rs 160 to 200 per kg but not seen there.

Musmai price was Rs 100 to 110 per dozen and Malta at Rs 60 to 70 per dozen.

Kinow special quality was fixed at Rs 80 to 100 per dozen, Kinow A-quality at Rs 50 to 60 per dozen and sold at Rs 80 per dozen and Kinow B-quality at Rs 30 to 40 per dozen while vendors sold it Rs 60 per dozen.

Grapefruit price was fixed at Rs 15 to 20 per piece and B-quality was sold at Rs 20 per piece. Banana A-quality was fixed at Rs 40 to 45 per dozen and B-quality at Rs 30 to 35 per dozen and sold at Rs 45 per dozen.

Courtesy The NEWS

0

Cotton market remains steady

KARACHI: Ginners held their strong positions at the cotton market on Thursday, which kept the trade steady, while prices of individual deals further increased to Rs6,100 per maund, a dealer said.

The spot rate remained unchanged at Rs5,800 per maund (37.324kg) and Rs6,216 per 40kg, while ex-Karachi spot rate remained firm at Rs5,930 per maund and Rs6,346 per 40kg after addition of Rs130 as upcountry expenses, he said.

An analyst said that although international market declined for the second consecutive day, prices in the local market remained stable on the back of strong stand by the ginners. Karachi cotton market recorded moderate trading of around 15,000 bales in between Rs4,600 to Rs6,100 per maund.

A total of 400 bales of Mirpurkhas and 1,000 low grade bales of Chichawatni were each sold at Rs4,600 per maund, 1,326 bales of Shaheed Benazirabad and 400 bales of Shahdadpur were each sold at Rs5,000, 400 bales of Pano Aqil at Rs5,800, 2,000 bales of Vehari at Rs5,450 to Rs5,600, 400 bales of Multan at Rs5,450, 400 bales of Lodhran at Rs5,600, 800 bales of Duniapur at Rs5,600 to Rs5,700 and 1,000 bales of Bahawalpur were sold at Rs5,675 to Rs5,700 per maund.

Likewise, Haroonabad’s 400 bales were sold at Rs5,700, 1,400 bales of Khanewal at Rs5,725 to Rs6,000, 400 bales of Mailsi, 1,000 bales of Sadiqabad and 600 bales of Chani Goth were each sold at Rs5,800 per maund, 600 bales of Chichawatni at Rs5,950, 1,000 bales of Rahim Yar Khan and 1,000 bales of Mianwali were each sold at Rs6,000 and 1,400 bales of Rajanpur were sold at Rs6,100 per maund.

Courtesy The NEWS

Cotton spot rate declines by Rs100

KARACHI: The local cotton market remained under pressure on Friday as international market recorded a major decline, which resulted in fall in the spot rate at the local market, a dealer said.

The spot rate declined by Rs100 per maund to Rs5,700 per maund (37.324kg) and Rs6,109 per 40kg, while ex-Karachi spot rate fell to Rs5,830 per maund and Rs6,239 per 40kg after addition of Rs130 as upcountry expenses, he said.

An analyst said that the international market recorded a major decline, which put pressure on the local market, but despite tense situation the trade continued.

“The international market revolves around New York cotton market, which has an impact over the world cotton market,” he said.

China cotton index recorded an increase on Friday, whereas New York cotton market recorded a major decline on all futures on Thursday. March futures in the New York cotton market fell by 3.24 cents to 90.38 cents per pound, while May futures decreased by 3.30 cents to 91.88 cents per pound.

Karachi cotton market recorded moderate trading of around 12,000 bales in between Rs4,600 to Rs6,000 per maund.

Tando Adam’s 200 bales were sold at Rs4,600 per maund, 200 bales of Ghotki at Rs5,750, 1,000 bales of Obaro at Rs6,000, 800 bales of Daranwala, 800 bales of Faqirwali and 1,000 bales of Haroonabad were each sold at Rs5,250 per maund, 400 bales of Gojra at Rs5,400, 1,000 bales of Vehari at Rs5,425 to Rs5,475, 400 bales of Fort Abbas at Rs5,450 and 1,800 bales of Hasilpur were sold at Rs5,450 to Rs5,500 per maund.

Likewise, Chistian’s 400 bales were sold at Rs5,450, 400 bales of Mamo Kanjan, 400 bales Rinala Khurd and 800 bales of Bahawalpur were each sold at Rs5,500 per maund, 400 bales of Rajanpur at Rs5,750, 800 bales of Kabirwala at Rs5,750 to Rs5,800, 200 bales of Multan, 200 bales of Kacha Kho and 600 bales of Basti Malook were each sold at Rs5,800, while 400 bales of Mianwali were sold at Rs6,000 per maund.

Courtesy The NEWS

Comparative price list of fruit, vegetables issued wrongly

LAHORE, February 13, 2012: THE Market Committee has issued comparative price list of fruits and vegetables this week again by ignoring the fact that weekly makeshift markets were established last week due to Eid-Miladun Nabi holiday.

This exposed the working of the Market Committee which only issued price lists by ignoring the ground realties. The prices fixed by the Market Committee are always a bone of contention between the vendors, buyers and administration. The vendors claimed that the Market Committee fixed rates wrongly and overcharged the buyers while the administration imposed fine and cancelled their stalls on overcharging. However, no higher authorities ever check the working of the Market Committee and asked it to mend its ways. The faulty working of the Market Committee has been exposed this week on which higher authorities could take action.

This week, price of potato was fixed at Rs 12 to 14 per kg, onion at Rs 28 to 35 per kg and vendors sold by mixing lower quality onion at higher side rates. The price of tomato was slightly came down from higher end and fixed at Rs 30 to 40 with an increase of influx of Indian tomato.

Both garlic China and Desi was fixed at Rs 80 to 90 per kg and sold at Rs 100 per kg. Ginger China was fixed at Rs 70 to 75 per kg and Ginger Thai landed at Rs 60 to 65 per kg while vendors sold it at Rs 80 per kg.

Spinach farm was fixed at Rs 5 to 7 per kg and Desi at Rs 8 to 10 per kg while spinach farm was sold at Rs 10 to 12 per kg. Brinjal was fixed at Rs 30 to 35 per kg but not available in makeshift markets while cucumber rates were fixed at Rs 26 to 32 per kg and sold at Rs 40 per kg.

Cabbage was fixed at Rs 15 to 20 per kg and cauliflower at Rs 8 to 12 per kg and sold at Rs 15 per kg. Pumpkin price was Rs 35 to 40 per kg and sold at Rs 50 per kg. Pea was fixed at Rs 30 to 36 per kg and sold at Rs 40 per kg. Capsicum was fixed at Rs 70 to 80 per kg and sold at Rs 100 per kg while green chilli was fixed at Rs 80 to 100 per kg but missing there while outside it was sold at Rs 120 to 160 per kg.

Carrot price was Rs 8 to 14 per kg and Radish was fixed at Rs 7 to 8 per kg but not sold there and outside the Sunday bazaars sold at Rs 20 per kg. The prices of different variety of apple were ranging from Rs 40 to 155 per kg while average price of B-category apple was Rs 50 to 150 per kg.

Guava price was fixed at Rs 30 to 35 per kg and sold at Rs 50 to 60 per kg.

Strawberry price was fixed at Rs 160 to 200 per kg but not seen there.

Musmai price was Rs 100 to 110 per dozen and Malta at Rs 60 to 70 per dozen.

Kinow special quality was fixed at Rs 80 to 100 per dozen, Kinow A-quality at Rs 50 to 60 per dozen and sold at Rs 80 per dozen and Kinow B-quality at Rs 30 to 40 per dozen while vendors sold it Rs 60 per dozen.

Grapefruit price was fixed at Rs 15 to 20 per piece and B-quality was sold at Rs 20 per piece. Banana A-quality was fixed at Rs 40 to 45 per dozen and B-quality at Rs 30 to 35 per dozen and sold at Rs 45 per dozen.

Courtesy The NEWS

0

Cotton market remains steady

KARACHI: Ginners held their strong positions at the cotton market on Thursday, which kept the trade steady, while prices of individual deals further increased to Rs6,100 per maund, a dealer said.

The spot rate remained unchanged at Rs5,800 per maund (37.324kg) and Rs6,216 per 40kg, while ex-Karachi spot rate remained firm at Rs5,930 per maund and Rs6,346 per 40kg after addition of Rs130 as upcountry expenses, he said.

An analyst said that although international market declined for the second consecutive day, prices in the local market remained stable on the back of strong stand by the ginners. Karachi cotton market recorded moderate trading of around 15,000 bales in between Rs4,600 to Rs6,100 per maund.

A total of 400 bales of Mirpurkhas and 1,000 low grade bales of Chichawatni were each sold at Rs4,600 per maund, 1,326 bales of Shaheed Benazirabad and 400 bales of Shahdadpur were each sold at Rs5,000, 400 bales of Pano Aqil at Rs5,800, 2,000 bales of Vehari at Rs5,450 to Rs5,600, 400 bales of Multan at Rs5,450, 400 bales of Lodhran at Rs5,600, 800 bales of Duniapur at Rs5,600 to Rs5,700 and 1,000 bales of Bahawalpur were sold at Rs5,675 to Rs5,700 per maund.

Likewise, Haroonabad’s 400 bales were sold at Rs5,700, 1,400 bales of Khanewal at Rs5,725 to Rs6,000, 400 bales of Mailsi, 1,000 bales of Sadiqabad and 600 bales of Chani Goth were each sold at Rs5,800 per maund, 600 bales of Chichawatni at Rs5,950, 1,000 bales of Rahim Yar Khan and 1,000 bales of Mianwali were each sold at Rs6,000 and 1,400 bales of Rajanpur were sold at Rs6,100 per maund.

Courtesy The NEWS

Cotton spot rate declines by Rs100

KARACHI: The local cotton market remained under pressure on Friday as international market recorded a major decline, which resulted in fall in the spot rate at the local market, a dealer said.

The spot rate declined by Rs100 per maund to Rs5,700 per maund (37.324kg) and Rs6,109 per 40kg, while ex-Karachi spot rate fell to Rs5,830 per maund and Rs6,239 per 40kg after addition of Rs130 as upcountry expenses, he said.

An analyst said that the international market recorded a major decline, which put pressure on the local market, but despite tense situation the trade continued.

“The international market revolves around New York cotton market, which has an impact over the world cotton market,” he said.

China cotton index recorded an increase on Friday, whereas New York cotton market recorded a major decline on all futures on Thursday. March futures in the New York cotton market fell by 3.24 cents to 90.38 cents per pound, while May futures decreased by 3.30 cents to 91.88 cents per pound.

Karachi cotton market recorded moderate trading of around 12,000 bales in between Rs4,600 to Rs6,000 per maund.

Tando Adam’s 200 bales were sold at Rs4,600 per maund, 200 bales of Ghotki at Rs5,750, 1,000 bales of Obaro at Rs6,000, 800 bales of Daranwala, 800 bales of Faqirwali and 1,000 bales of Haroonabad were each sold at Rs5,250 per maund, 400 bales of Gojra at Rs5,400, 1,000 bales of Vehari at Rs5,425 to Rs5,475, 400 bales of Fort Abbas at Rs5,450 and 1,800 bales of Hasilpur were sold at Rs5,450 to Rs5,500 per maund.

Likewise, Chistian’s 400 bales were sold at Rs5,450, 400 bales of Mamo Kanjan, 400 bales Rinala Khurd and 800 bales of Bahawalpur were each sold at Rs5,500 per maund, 400 bales of Rajanpur at Rs5,750, 800 bales of Kabirwala at Rs5,750 to Rs5,800, 200 bales of Multan, 200 bales of Kacha Kho and 600 bales of Basti Malook were each sold at Rs5,800, while 400 bales of Mianwali were sold at Rs6,000 per maund.

Courtesy The NEWS

Comparative price list of fruit, vegetables issued wrongly

LAHORE, February 13, 2012: THE Market Committee has issued comparative price list of fruits and vegetables this week again by ignoring the fact that weekly makeshift markets were established last week due to Eid-Miladun Nabi holiday.

This exposed the working of the Market Committee which only issued price lists by ignoring the ground realties. The prices fixed by the Market Committee are always a bone of contention between the vendors, buyers and administration. The vendors claimed that the Market Committee fixed rates wrongly and overcharged the buyers while the administration imposed fine and cancelled their stalls on overcharging. However, no higher authorities ever check the working of the Market Committee and asked it to mend its ways. The faulty working of the Market Committee has been exposed this week on which higher authorities could take action.

This week, price of potato was fixed at Rs 12 to 14 per kg, onion at Rs 28 to 35 per kg and vendors sold by mixing lower quality onion at higher side rates. The price of tomato was slightly came down from higher end and fixed at Rs 30 to 40 with an increase of influx of Indian tomato.

Both garlic China and Desi was fixed at Rs 80 to 90 per kg and sold at Rs 100 per kg. Ginger China was fixed at Rs 70 to 75 per kg and Ginger Thai landed at Rs 60 to 65 per kg while vendors sold it at Rs 80 per kg.

Spinach farm was fixed at Rs 5 to 7 per kg and Desi at Rs 8 to 10 per kg while spinach farm was sold at Rs 10 to 12 per kg. Brinjal was fixed at Rs 30 to 35 per kg but not available in makeshift markets while cucumber rates were fixed at Rs 26 to 32 per kg and sold at Rs 40 per kg.

Cabbage was fixed at Rs 15 to 20 per kg and cauliflower at Rs 8 to 12 per kg and sold at Rs 15 per kg. Pumpkin price was Rs 35 to 40 per kg and sold at Rs 50 per kg. Pea was fixed at Rs 30 to 36 per kg and sold at Rs 40 per kg. Capsicum was fixed at Rs 70 to 80 per kg and sold at Rs 100 per kg while green chilli was fixed at Rs 80 to 100 per kg but missing there while outside it was sold at Rs 120 to 160 per kg.

Carrot price was Rs 8 to 14 per kg and Radish was fixed at Rs 7 to 8 per kg but not sold there and outside the Sunday bazaars sold at Rs 20 per kg. The prices of different variety of apple were ranging from Rs 40 to 155 per kg while average price of B-category apple was Rs 50 to 150 per kg.

Guava price was fixed at Rs 30 to 35 per kg and sold at Rs 50 to 60 per kg.

Strawberry price was fixed at Rs 160 to 200 per kg but not seen there.

Musmai price was Rs 100 to 110 per dozen and Malta at Rs 60 to 70 per dozen.

Kinow special quality was fixed at Rs 80 to 100 per dozen, Kinow A-quality at Rs 50 to 60 per dozen and sold at Rs 80 per dozen and Kinow B-quality at Rs 30 to 40 per dozen while vendors sold it Rs 60 per dozen.

Grapefruit price was fixed at Rs 15 to 20 per piece and B-quality was sold at Rs 20 per piece. Banana A-quality was fixed at Rs 40 to 45 per dozen and B-quality at Rs 30 to 35 per dozen and sold at Rs 45 per dozen.

Courtesy The NEWS

0

Cotton market remains steady

KARACHI: Ginners held their strong positions at the cotton market on Thursday, which kept the trade steady, while prices of individual deals further increased to Rs6,100 per maund, a dealer said.

The spot rate remained unchanged at Rs5,800 per maund (37.324kg) and Rs6,216 per 40kg, while ex-Karachi spot rate remained firm at Rs5,930 per maund and Rs6,346 per 40kg after addition of Rs130 as upcountry expenses, he said.

An analyst said that although international market declined for the second consecutive day, prices in the local market remained stable on the back of strong stand by the ginners. Karachi cotton market recorded moderate trading of around 15,000 bales in between Rs4,600 to Rs6,100 per maund.

A total of 400 bales of Mirpurkhas and 1,000 low grade bales of Chichawatni were each sold at Rs4,600 per maund, 1,326 bales of Shaheed Benazirabad and 400 bales of Shahdadpur were each sold at Rs5,000, 400 bales of Pano Aqil at Rs5,800, 2,000 bales of Vehari at Rs5,450 to Rs5,600, 400 bales of Multan at Rs5,450, 400 bales of Lodhran at Rs5,600, 800 bales of Duniapur at Rs5,600 to Rs5,700 and 1,000 bales of Bahawalpur were sold at Rs5,675 to Rs5,700 per maund.

Likewise, Haroonabad’s 400 bales were sold at Rs5,700, 1,400 bales of Khanewal at Rs5,725 to Rs6,000, 400 bales of Mailsi, 1,000 bales of Sadiqabad and 600 bales of Chani Goth were each sold at Rs5,800 per maund, 600 bales of Chichawatni at Rs5,950, 1,000 bales of Rahim Yar Khan and 1,000 bales of Mianwali were each sold at Rs6,000 and 1,400 bales of Rajanpur were sold at Rs6,100 per maund.

Courtesy The NEWS

Cotton spot rate declines by Rs100

KARACHI: The local cotton market remained under pressure on Friday as international market recorded a major decline, which resulted in fall in the spot rate at the local market, a dealer said.

The spot rate declined by Rs100 per maund to Rs5,700 per maund (37.324kg) and Rs6,109 per 40kg, while ex-Karachi spot rate fell to Rs5,830 per maund and Rs6,239 per 40kg after addition of Rs130 as upcountry expenses, he said.

An analyst said that the international market recorded a major decline, which put pressure on the local market, but despite tense situation the trade continued.

“The international market revolves around New York cotton market, which has an impact over the world cotton market,” he said.

China cotton index recorded an increase on Friday, whereas New York cotton market recorded a major decline on all futures on Thursday. March futures in the New York cotton market fell by 3.24 cents to 90.38 cents per pound, while May futures decreased by 3.30 cents to 91.88 cents per pound.

Karachi cotton market recorded moderate trading of around 12,000 bales in between Rs4,600 to Rs6,000 per maund.

Tando Adam’s 200 bales were sold at Rs4,600 per maund, 200 bales of Ghotki at Rs5,750, 1,000 bales of Obaro at Rs6,000, 800 bales of Daranwala, 800 bales of Faqirwali and 1,000 bales of Haroonabad were each sold at Rs5,250 per maund, 400 bales of Gojra at Rs5,400, 1,000 bales of Vehari at Rs5,425 to Rs5,475, 400 bales of Fort Abbas at Rs5,450 and 1,800 bales of Hasilpur were sold at Rs5,450 to Rs5,500 per maund.

Likewise, Chistian’s 400 bales were sold at Rs5,450, 400 bales of Mamo Kanjan, 400 bales Rinala Khurd and 800 bales of Bahawalpur were each sold at Rs5,500 per maund, 400 bales of Rajanpur at Rs5,750, 800 bales of Kabirwala at Rs5,750 to Rs5,800, 200 bales of Multan, 200 bales of Kacha Kho and 600 bales of Basti Malook were each sold at Rs5,800, while 400 bales of Mianwali were sold at Rs6,000 per maund.

Courtesy The NEWS

Comparative price list of fruit, vegetables issued wrongly

LAHORE, February 13, 2012: THE Market Committee has issued comparative price list of fruits and vegetables this week again by ignoring the fact that weekly makeshift markets were established last week due to Eid-Miladun Nabi holiday.

This exposed the working of the Market Committee which only issued price lists by ignoring the ground realties. The prices fixed by the Market Committee are always a bone of contention between the vendors, buyers and administration. The vendors claimed that the Market Committee fixed rates wrongly and overcharged the buyers while the administration imposed fine and cancelled their stalls on overcharging. However, no higher authorities ever check the working of the Market Committee and asked it to mend its ways. The faulty working of the Market Committee has been exposed this week on which higher authorities could take action.

This week, price of potato was fixed at Rs 12 to 14 per kg, onion at Rs 28 to 35 per kg and vendors sold by mixing lower quality onion at higher side rates. The price of tomato was slightly came down from higher end and fixed at Rs 30 to 40 with an increase of influx of Indian tomato.

Both garlic China and Desi was fixed at Rs 80 to 90 per kg and sold at Rs 100 per kg. Ginger China was fixed at Rs 70 to 75 per kg and Ginger Thai landed at Rs 60 to 65 per kg while vendors sold it at Rs 80 per kg.

Spinach farm was fixed at Rs 5 to 7 per kg and Desi at Rs 8 to 10 per kg while spinach farm was sold at Rs 10 to 12 per kg. Brinjal was fixed at Rs 30 to 35 per kg but not available in makeshift markets while cucumber rates were fixed at Rs 26 to 32 per kg and sold at Rs 40 per kg.

Cabbage was fixed at Rs 15 to 20 per kg and cauliflower at Rs 8 to 12 per kg and sold at Rs 15 per kg. Pumpkin price was Rs 35 to 40 per kg and sold at Rs 50 per kg. Pea was fixed at Rs 30 to 36 per kg and sold at Rs 40 per kg. Capsicum was fixed at Rs 70 to 80 per kg and sold at Rs 100 per kg while green chilli was fixed at Rs 80 to 100 per kg but missing there while outside it was sold at Rs 120 to 160 per kg.

Carrot price was Rs 8 to 14 per kg and Radish was fixed at Rs 7 to 8 per kg but not sold there and outside the Sunday bazaars sold at Rs 20 per kg. The prices of different variety of apple were ranging from Rs 40 to 155 per kg while average price of B-category apple was Rs 50 to 150 per kg.

Guava price was fixed at Rs 30 to 35 per kg and sold at Rs 50 to 60 per kg.

Strawberry price was fixed at Rs 160 to 200 per kg but not seen there.

Musmai price was Rs 100 to 110 per dozen and Malta at Rs 60 to 70 per dozen.

Kinow special quality was fixed at Rs 80 to 100 per dozen, Kinow A-quality at Rs 50 to 60 per dozen and sold at Rs 80 per dozen and Kinow B-quality at Rs 30 to 40 per dozen while vendors sold it Rs 60 per dozen.

Grapefruit price was fixed at Rs 15 to 20 per piece and B-quality was sold at Rs 20 per piece. Banana A-quality was fixed at Rs 40 to 45 per dozen and B-quality at Rs 30 to 35 per dozen and sold at Rs 45 per dozen.

Courtesy The NEWS

0

Cotton market remains steady

KARACHI: Ginners held their strong positions at the cotton market on Thursday, which kept the trade steady, while prices of individual deals further increased to Rs6,100 per maund, a dealer said.

The spot rate remained unchanged at Rs5,800 per maund (37.324kg) and Rs6,216 per 40kg, while ex-Karachi spot rate remained firm at Rs5,930 per maund and Rs6,346 per 40kg after addition of Rs130 as upcountry expenses, he said.

An analyst said that although international market declined for the second consecutive day, prices in the local market remained stable on the back of strong stand by the ginners. Karachi cotton market recorded moderate trading of around 15,000 bales in between Rs4,600 to Rs6,100 per maund.

A total of 400 bales of Mirpurkhas and 1,000 low grade bales of Chichawatni were each sold at Rs4,600 per maund, 1,326 bales of Shaheed Benazirabad and 400 bales of Shahdadpur were each sold at Rs5,000, 400 bales of Pano Aqil at Rs5,800, 2,000 bales of Vehari at Rs5,450 to Rs5,600, 400 bales of Multan at Rs5,450, 400 bales of Lodhran at Rs5,600, 800 bales of Duniapur at Rs5,600 to Rs5,700 and 1,000 bales of Bahawalpur were sold at Rs5,675 to Rs5,700 per maund.

Likewise, Haroonabad’s 400 bales were sold at Rs5,700, 1,400 bales of Khanewal at Rs5,725 to Rs6,000, 400 bales of Mailsi, 1,000 bales of Sadiqabad and 600 bales of Chani Goth were each sold at Rs5,800 per maund, 600 bales of Chichawatni at Rs5,950, 1,000 bales of Rahim Yar Khan and 1,000 bales of Mianwali were each sold at Rs6,000 and 1,400 bales of Rajanpur were sold at Rs6,100 per maund.

Courtesy The NEWS

Cotton spot rate declines by Rs100

KARACHI: The local cotton market remained under pressure on Friday as international market recorded a major decline, which resulted in fall in the spot rate at the local market, a dealer said.

The spot rate declined by Rs100 per maund to Rs5,700 per maund (37.324kg) and Rs6,109 per 40kg, while ex-Karachi spot rate fell to Rs5,830 per maund and Rs6,239 per 40kg after addition of Rs130 as upcountry expenses, he said.

An analyst said that the international market recorded a major decline, which put pressure on the local market, but despite tense situation the trade continued.

“The international market revolves around New York cotton market, which has an impact over the world cotton market,” he said.

China cotton index recorded an increase on Friday, whereas New York cotton market recorded a major decline on all futures on Thursday. March futures in the New York cotton market fell by 3.24 cents to 90.38 cents per pound, while May futures decreased by 3.30 cents to 91.88 cents per pound.

Karachi cotton market recorded moderate trading of around 12,000 bales in between Rs4,600 to Rs6,000 per maund.

Tando Adam’s 200 bales were sold at Rs4,600 per maund, 200 bales of Ghotki at Rs5,750, 1,000 bales of Obaro at Rs6,000, 800 bales of Daranwala, 800 bales of Faqirwali and 1,000 bales of Haroonabad were each sold at Rs5,250 per maund, 400 bales of Gojra at Rs5,400, 1,000 bales of Vehari at Rs5,425 to Rs5,475, 400 bales of Fort Abbas at Rs5,450 and 1,800 bales of Hasilpur were sold at Rs5,450 to Rs5,500 per maund.

Likewise, Chistian’s 400 bales were sold at Rs5,450, 400 bales of Mamo Kanjan, 400 bales Rinala Khurd and 800 bales of Bahawalpur were each sold at Rs5,500 per maund, 400 bales of Rajanpur at Rs5,750, 800 bales of Kabirwala at Rs5,750 to Rs5,800, 200 bales of Multan, 200 bales of Kacha Kho and 600 bales of Basti Malook were each sold at Rs5,800, while 400 bales of Mianwali were sold at Rs6,000 per maund.

Courtesy The NEWS

Comparative price list of fruit, vegetables issued wrongly

LAHORE, February 13, 2012: THE Market Committee has issued comparative price list of fruits and vegetables this week again by ignoring the fact that weekly makeshift markets were established last week due to Eid-Miladun Nabi holiday.

This exposed the working of the Market Committee which only issued price lists by ignoring the ground realties. The prices fixed by the Market Committee are always a bone of contention between the vendors, buyers and administration. The vendors claimed that the Market Committee fixed rates wrongly and overcharged the buyers while the administration imposed fine and cancelled their stalls on overcharging. However, no higher authorities ever check the working of the Market Committee and asked it to mend its ways. The faulty working of the Market Committee has been exposed this week on which higher authorities could take action.

This week, price of potato was fixed at Rs 12 to 14 per kg, onion at Rs 28 to 35 per kg and vendors sold by mixing lower quality onion at higher side rates. The price of tomato was slightly came down from higher end and fixed at Rs 30 to 40 with an increase of influx of Indian tomato.

Both garlic China and Desi was fixed at Rs 80 to 90 per kg and sold at Rs 100 per kg. Ginger China was fixed at Rs 70 to 75 per kg and Ginger Thai landed at Rs 60 to 65 per kg while vendors sold it at Rs 80 per kg.

Spinach farm was fixed at Rs 5 to 7 per kg and Desi at Rs 8 to 10 per kg while spinach farm was sold at Rs 10 to 12 per kg. Brinjal was fixed at Rs 30 to 35 per kg but not available in makeshift markets while cucumber rates were fixed at Rs 26 to 32 per kg and sold at Rs 40 per kg.

Cabbage was fixed at Rs 15 to 20 per kg and cauliflower at Rs 8 to 12 per kg and sold at Rs 15 per kg. Pumpkin price was Rs 35 to 40 per kg and sold at Rs 50 per kg. Pea was fixed at Rs 30 to 36 per kg and sold at Rs 40 per kg. Capsicum was fixed at Rs 70 to 80 per kg and sold at Rs 100 per kg while green chilli was fixed at Rs 80 to 100 per kg but missing there while outside it was sold at Rs 120 to 160 per kg.

Carrot price was Rs 8 to 14 per kg and Radish was fixed at Rs 7 to 8 per kg but not sold there and outside the Sunday bazaars sold at Rs 20 per kg. The prices of different variety of apple were ranging from Rs 40 to 155 per kg while average price of B-category apple was Rs 50 to 150 per kg.

Guava price was fixed at Rs 30 to 35 per kg and sold at Rs 50 to 60 per kg.

Strawberry price was fixed at Rs 160 to 200 per kg but not seen there.

Musmai price was Rs 100 to 110 per dozen and Malta at Rs 60 to 70 per dozen.

Kinow special quality was fixed at Rs 80 to 100 per dozen, Kinow A-quality at Rs 50 to 60 per dozen and sold at Rs 80 per dozen and Kinow B-quality at Rs 30 to 40 per dozen while vendors sold it Rs 60 per dozen.

Grapefruit price was fixed at Rs 15 to 20 per piece and B-quality was sold at Rs 20 per piece. Banana A-quality was fixed at Rs 40 to 45 per dozen and B-quality at Rs 30 to 35 per dozen and sold at Rs 45 per dozen.

Courtesy The NEWS

0

Cotton market remains steady

KARACHI: Ginners held their strong positions at the cotton market on Thursday, which kept the trade steady, while prices of individual deals further increased to Rs6,100 per maund, a dealer said.

The spot rate remained unchanged at Rs5,800 per maund (37.324kg) and Rs6,216 per 40kg, while ex-Karachi spot rate remained firm at Rs5,930 per maund and Rs6,346 per 40kg after addition of Rs130 as upcountry expenses, he said.

An analyst said that although international market declined for the second consecutive day, prices in the local market remained stable on the back of strong stand by the ginners. Karachi cotton market recorded moderate trading of around 15,000 bales in between Rs4,600 to Rs6,100 per maund.

A total of 400 bales of Mirpurkhas and 1,000 low grade bales of Chichawatni were each sold at Rs4,600 per maund, 1,326 bales of Shaheed Benazirabad and 400 bales of Shahdadpur were each sold at Rs5,000, 400 bales of Pano Aqil at Rs5,800, 2,000 bales of Vehari at Rs5,450 to Rs5,600, 400 bales of Multan at Rs5,450, 400 bales of Lodhran at Rs5,600, 800 bales of Duniapur at Rs5,600 to Rs5,700 and 1,000 bales of Bahawalpur were sold at Rs5,675 to Rs5,700 per maund.

Likewise, Haroonabad’s 400 bales were sold at Rs5,700, 1,400 bales of Khanewal at Rs5,725 to Rs6,000, 400 bales of Mailsi, 1,000 bales of Sadiqabad and 600 bales of Chani Goth were each sold at Rs5,800 per maund, 600 bales of Chichawatni at Rs5,950, 1,000 bales of Rahim Yar Khan and 1,000 bales of Mianwali were each sold at Rs6,000 and 1,400 bales of Rajanpur were sold at Rs6,100 per maund.

Courtesy The NEWS

Cotton spot rate declines by Rs100

KARACHI: The local cotton market remained under pressure on Friday as international market recorded a major decline, which resulted in fall in the spot rate at the local market, a dealer said.

The spot rate declined by Rs100 per maund to Rs5,700 per maund (37.324kg) and Rs6,109 per 40kg, while ex-Karachi spot rate fell to Rs5,830 per maund and Rs6,239 per 40kg after addition of Rs130 as upcountry expenses, he said.

An analyst said that the international market recorded a major decline, which put pressure on the local market, but despite tense situation the trade continued.

“The international market revolves around New York cotton market, which has an impact over the world cotton market,” he said.

China cotton index recorded an increase on Friday, whereas New York cotton market recorded a major decline on all futures on Thursday. March futures in the New York cotton market fell by 3.24 cents to 90.38 cents per pound, while May futures decreased by 3.30 cents to 91.88 cents per pound.

Karachi cotton market recorded moderate trading of around 12,000 bales in between Rs4,600 to Rs6,000 per maund.

Tando Adam’s 200 bales were sold at Rs4,600 per maund, 200 bales of Ghotki at Rs5,750, 1,000 bales of Obaro at Rs6,000, 800 bales of Daranwala, 800 bales of Faqirwali and 1,000 bales of Haroonabad were each sold at Rs5,250 per maund, 400 bales of Gojra at Rs5,400, 1,000 bales of Vehari at Rs5,425 to Rs5,475, 400 bales of Fort Abbas at Rs5,450 and 1,800 bales of Hasilpur were sold at Rs5,450 to Rs5,500 per maund.

Likewise, Chistian’s 400 bales were sold at Rs5,450, 400 bales of Mamo Kanjan, 400 bales Rinala Khurd and 800 bales of Bahawalpur were each sold at Rs5,500 per maund, 400 bales of Rajanpur at Rs5,750, 800 bales of Kabirwala at Rs5,750 to Rs5,800, 200 bales of Multan, 200 bales of Kacha Kho and 600 bales of Basti Malook were each sold at Rs5,800, while 400 bales of Mianwali were sold at Rs6,000 per maund.

Courtesy The NEWS

Comparative price list of fruit, vegetables issued wrongly

LAHORE, February 13, 2012: THE Market Committee has issued comparative price list of fruits and vegetables this week again by ignoring the fact that weekly makeshift markets were established last week due to Eid-Miladun Nabi holiday.

This exposed the working of the Market Committee which only issued price lists by ignoring the ground realties. The prices fixed by the Market Committee are always a bone of contention between the vendors, buyers and administration. The vendors claimed that the Market Committee fixed rates wrongly and overcharged the buyers while the administration imposed fine and cancelled their stalls on overcharging. However, no higher authorities ever check the working of the Market Committee and asked it to mend its ways. The faulty working of the Market Committee has been exposed this week on which higher authorities could take action.

This week, price of potato was fixed at Rs 12 to 14 per kg, onion at Rs 28 to 35 per kg and vendors sold by mixing lower quality onion at higher side rates. The price of tomato was slightly came down from higher end and fixed at Rs 30 to 40 with an increase of influx of Indian tomato.

Both garlic China and Desi was fixed at Rs 80 to 90 per kg and sold at Rs 100 per kg. Ginger China was fixed at Rs 70 to 75 per kg and Ginger Thai landed at Rs 60 to 65 per kg while vendors sold it at Rs 80 per kg.

Spinach farm was fixed at Rs 5 to 7 per kg and Desi at Rs 8 to 10 per kg while spinach farm was sold at Rs 10 to 12 per kg. Brinjal was fixed at Rs 30 to 35 per kg but not available in makeshift markets while cucumber rates were fixed at Rs 26 to 32 per kg and sold at Rs 40 per kg.

Cabbage was fixed at Rs 15 to 20 per kg and cauliflower at Rs 8 to 12 per kg and sold at Rs 15 per kg. Pumpkin price was Rs 35 to 40 per kg and sold at Rs 50 per kg. Pea was fixed at Rs 30 to 36 per kg and sold at Rs 40 per kg. Capsicum was fixed at Rs 70 to 80 per kg and sold at Rs 100 per kg while green chilli was fixed at Rs 80 to 100 per kg but missing there while outside it was sold at Rs 120 to 160 per kg.

Carrot price was Rs 8 to 14 per kg and Radish was fixed at Rs 7 to 8 per kg but not sold there and outside the Sunday bazaars sold at Rs 20 per kg. The prices of different variety of apple were ranging from Rs 40 to 155 per kg while average price of B-category apple was Rs 50 to 150 per kg.

Guava price was fixed at Rs 30 to 35 per kg and sold at Rs 50 to 60 per kg.

Strawberry price was fixed at Rs 160 to 200 per kg but not seen there.

Musmai price was Rs 100 to 110 per dozen and Malta at Rs 60 to 70 per dozen.

Kinow special quality was fixed at Rs 80 to 100 per dozen, Kinow A-quality at Rs 50 to 60 per dozen and sold at Rs 80 per dozen and Kinow B-quality at Rs 30 to 40 per dozen while vendors sold it Rs 60 per dozen.

Grapefruit price was fixed at Rs 15 to 20 per piece and B-quality was sold at Rs 20 per piece. Banana A-quality was fixed at Rs 40 to 45 per dozen and B-quality at Rs 30 to 35 per dozen and sold at Rs 45 per dozen.

Courtesy The NEWS

0

Cotton market remains steady

KARACHI: Ginners held their strong positions at the cotton market on Thursday, which kept the trade steady, while prices of individual deals further increased to Rs6,100 per maund, a dealer said.

The spot rate remained unchanged at Rs5,800 per maund (37.324kg) and Rs6,216 per 40kg, while ex-Karachi spot rate remained firm at Rs5,930 per maund and Rs6,346 per 40kg after addition of Rs130 as upcountry expenses, he said.

An analyst said that although international market declined for the second consecutive day, prices in the local market remained stable on the back of strong stand by the ginners. Karachi cotton market recorded moderate trading of around 15,000 bales in between Rs4,600 to Rs6,100 per maund.

A total of 400 bales of Mirpurkhas and 1,000 low grade bales of Chichawatni were each sold at Rs4,600 per maund, 1,326 bales of Shaheed Benazirabad and 400 bales of Shahdadpur were each sold at Rs5,000, 400 bales of Pano Aqil at Rs5,800, 2,000 bales of Vehari at Rs5,450 to Rs5,600, 400 bales of Multan at Rs5,450, 400 bales of Lodhran at Rs5,600, 800 bales of Duniapur at Rs5,600 to Rs5,700 and 1,000 bales of Bahawalpur were sold at Rs5,675 to Rs5,700 per maund.

Likewise, Haroonabad’s 400 bales were sold at Rs5,700, 1,400 bales of Khanewal at Rs5,725 to Rs6,000, 400 bales of Mailsi, 1,000 bales of Sadiqabad and 600 bales of Chani Goth were each sold at Rs5,800 per maund, 600 bales of Chichawatni at Rs5,950, 1,000 bales of Rahim Yar Khan and 1,000 bales of Mianwali were each sold at Rs6,000 and 1,400 bales of Rajanpur were sold at Rs6,100 per maund.

Courtesy The NEWS

Cotton spot rate declines by Rs100

KARACHI: The local cotton market remained under pressure on Friday as international market recorded a major decline, which resulted in fall in the spot rate at the local market, a dealer said.

The spot rate declined by Rs100 per maund to Rs5,700 per maund (37.324kg) and Rs6,109 per 40kg, while ex-Karachi spot rate fell to Rs5,830 per maund and Rs6,239 per 40kg after addition of Rs130 as upcountry expenses, he said.

An analyst said that the international market recorded a major decline, which put pressure on the local market, but despite tense situation the trade continued.

“The international market revolves around New York cotton market, which has an impact over the world cotton market,” he said.

China cotton index recorded an increase on Friday, whereas New York cotton market recorded a major decline on all futures on Thursday. March futures in the New York cotton market fell by 3.24 cents to 90.38 cents per pound, while May futures decreased by 3.30 cents to 91.88 cents per pound.

Karachi cotton market recorded moderate trading of around 12,000 bales in between Rs4,600 to Rs6,000 per maund.

Tando Adam’s 200 bales were sold at Rs4,600 per maund, 200 bales of Ghotki at Rs5,750, 1,000 bales of Obaro at Rs6,000, 800 bales of Daranwala, 800 bales of Faqirwali and 1,000 bales of Haroonabad were each sold at Rs5,250 per maund, 400 bales of Gojra at Rs5,400, 1,000 bales of Vehari at Rs5,425 to Rs5,475, 400 bales of Fort Abbas at Rs5,450 and 1,800 bales of Hasilpur were sold at Rs5,450 to Rs5,500 per maund.

Likewise, Chistian’s 400 bales were sold at Rs5,450, 400 bales of Mamo Kanjan, 400 bales Rinala Khurd and 800 bales of Bahawalpur were each sold at Rs5,500 per maund, 400 bales of Rajanpur at Rs5,750, 800 bales of Kabirwala at Rs5,750 to Rs5,800, 200 bales of Multan, 200 bales of Kacha Kho and 600 bales of Basti Malook were each sold at Rs5,800, while 400 bales of Mianwali were sold at Rs6,000 per maund.

Courtesy The NEWS

Comparative price list of fruit, vegetables issued wrongly

LAHORE, February 13, 2012: THE Market Committee has issued comparative price list of fruits and vegetables this week again by ignoring the fact that weekly makeshift markets were established last week due to Eid-Miladun Nabi holiday.

This exposed the working of the Market Committee which only issued price lists by ignoring the ground realties. The prices fixed by the Market Committee are always a bone of contention between the vendors, buyers and administration. The vendors claimed that the Market Committee fixed rates wrongly and overcharged the buyers while the administration imposed fine and cancelled their stalls on overcharging. However, no higher authorities ever check the working of the Market Committee and asked it to mend its ways. The faulty working of the Market Committee has been exposed this week on which higher authorities could take action.

This week, price of potato was fixed at Rs 12 to 14 per kg, onion at Rs 28 to 35 per kg and vendors sold by mixing lower quality onion at higher side rates. The price of tomato was slightly came down from higher end and fixed at Rs 30 to 40 with an increase of influx of Indian tomato.

Both garlic China and Desi was fixed at Rs 80 to 90 per kg and sold at Rs 100 per kg. Ginger China was fixed at Rs 70 to 75 per kg and Ginger Thai landed at Rs 60 to 65 per kg while vendors sold it at Rs 80 per kg.

Spinach farm was fixed at Rs 5 to 7 per kg and Desi at Rs 8 to 10 per kg while spinach farm was sold at Rs 10 to 12 per kg. Brinjal was fixed at Rs 30 to 35 per kg but not available in makeshift markets while cucumber rates were fixed at Rs 26 to 32 per kg and sold at Rs 40 per kg.

Cabbage was fixed at Rs 15 to 20 per kg and cauliflower at Rs 8 to 12 per kg and sold at Rs 15 per kg. Pumpkin price was Rs 35 to 40 per kg and sold at Rs 50 per kg. Pea was fixed at Rs 30 to 36 per kg and sold at Rs 40 per kg. Capsicum was fixed at Rs 70 to 80 per kg and sold at Rs 100 per kg while green chilli was fixed at Rs 80 to 100 per kg but missing there while outside it was sold at Rs 120 to 160 per kg.

Carrot price was Rs 8 to 14 per kg and Radish was fixed at Rs 7 to 8 per kg but not sold there and outside the Sunday bazaars sold at Rs 20 per kg. The prices of different variety of apple were ranging from Rs 40 to 155 per kg while average price of B-category apple was Rs 50 to 150 per kg.

Guava price was fixed at Rs 30 to 35 per kg and sold at Rs 50 to 60 per kg.

Strawberry price was fixed at Rs 160 to 200 per kg but not seen there.

Musmai price was Rs 100 to 110 per dozen and Malta at Rs 60 to 70 per dozen.

Kinow special quality was fixed at Rs 80 to 100 per dozen, Kinow A-quality at Rs 50 to 60 per dozen and sold at Rs 80 per dozen and Kinow B-quality at Rs 30 to 40 per dozen while vendors sold it Rs 60 per dozen.

Grapefruit price was fixed at Rs 15 to 20 per piece and B-quality was sold at Rs 20 per piece. Banana A-quality was fixed at Rs 40 to 45 per dozen and B-quality at Rs 30 to 35 per dozen and sold at Rs 45 per dozen.

Courtesy The NEWS

0

Cotton market remains steady

KARACHI: Ginners held their strong positions at the cotton market on Thursday, which kept the trade steady, while prices of individual deals further increased to Rs6,100 per maund, a dealer said.

The spot rate remained unchanged at Rs5,800 per maund (37.324kg) and Rs6,216 per 40kg, while ex-Karachi spot rate remained firm at Rs5,930 per maund and Rs6,346 per 40kg after addition of Rs130 as upcountry expenses, he said.

An analyst said that although international market declined for the second consecutive day, prices in the local market remained stable on the back of strong stand by the ginners. Karachi cotton market recorded moderate trading of around 15,000 bales in between Rs4,600 to Rs6,100 per maund.

A total of 400 bales of Mirpurkhas and 1,000 low grade bales of Chichawatni were each sold at Rs4,600 per maund, 1,326 bales of Shaheed Benazirabad and 400 bales of Shahdadpur were each sold at Rs5,000, 400 bales of Pano Aqil at Rs5,800, 2,000 bales of Vehari at Rs5,450 to Rs5,600, 400 bales of Multan at Rs5,450, 400 bales of Lodhran at Rs5,600, 800 bales of Duniapur at Rs5,600 to Rs5,700 and 1,000 bales of Bahawalpur were sold at Rs5,675 to Rs5,700 per maund.

Likewise, Haroonabad’s 400 bales were sold at Rs5,700, 1,400 bales of Khanewal at Rs5,725 to Rs6,000, 400 bales of Mailsi, 1,000 bales of Sadiqabad and 600 bales of Chani Goth were each sold at Rs5,800 per maund, 600 bales of Chichawatni at Rs5,950, 1,000 bales of Rahim Yar Khan and 1,000 bales of Mianwali were each sold at Rs6,000 and 1,400 bales of Rajanpur were sold at Rs6,100 per maund.

Courtesy The NEWS

Cotton spot rate declines by Rs100

KARACHI: The local cotton market remained under pressure on Friday as international market recorded a major decline, which resulted in fall in the spot rate at the local market, a dealer said.

The spot rate declined by Rs100 per maund to Rs5,700 per maund (37.324kg) and Rs6,109 per 40kg, while ex-Karachi spot rate fell to Rs5,830 per maund and Rs6,239 per 40kg after addition of Rs130 as upcountry expenses, he said.

An analyst said that the international market recorded a major decline, which put pressure on the local market, but despite tense situation the trade continued.

“The international market revolves around New York cotton market, which has an impact over the world cotton market,” he said.

China cotton index recorded an increase on Friday, whereas New York cotton market recorded a major decline on all futures on Thursday. March futures in the New York cotton market fell by 3.24 cents to 90.38 cents per pound, while May futures decreased by 3.30 cents to 91.88 cents per pound.

Karachi cotton market recorded moderate trading of around 12,000 bales in between Rs4,600 to Rs6,000 per maund.

Tando Adam’s 200 bales were sold at Rs4,600 per maund, 200 bales of Ghotki at Rs5,750, 1,000 bales of Obaro at Rs6,000, 800 bales of Daranwala, 800 bales of Faqirwali and 1,000 bales of Haroonabad were each sold at Rs5,250 per maund, 400 bales of Gojra at Rs5,400, 1,000 bales of Vehari at Rs5,425 to Rs5,475, 400 bales of Fort Abbas at Rs5,450 and 1,800 bales of Hasilpur were sold at Rs5,450 to Rs5,500 per maund.

Likewise, Chistian’s 400 bales were sold at Rs5,450, 400 bales of Mamo Kanjan, 400 bales Rinala Khurd and 800 bales of Bahawalpur were each sold at Rs5,500 per maund, 400 bales of Rajanpur at Rs5,750, 800 bales of Kabirwala at Rs5,750 to Rs5,800, 200 bales of Multan, 200 bales of Kacha Kho and 600 bales of Basti Malook were each sold at Rs5,800, while 400 bales of Mianwali were sold at Rs6,000 per maund.

Courtesy The NEWS

Comparative price list of fruit, vegetables issued wrongly

LAHORE, February 13, 2012: THE Market Committee has issued comparative price list of fruits and vegetables this week again by ignoring the fact that weekly makeshift markets were established last week due to Eid-Miladun Nabi holiday.

This exposed the working of the Market Committee which only issued price lists by ignoring the ground realties. The prices fixed by the Market Committee are always a bone of contention between the vendors, buyers and administration. The vendors claimed that the Market Committee fixed rates wrongly and overcharged the buyers while the administration imposed fine and cancelled their stalls on overcharging. However, no higher authorities ever check the working of the Market Committee and asked it to mend its ways. The faulty working of the Market Committee has been exposed this week on which higher authorities could take action.

This week, price of potato was fixed at Rs 12 to 14 per kg, onion at Rs 28 to 35 per kg and vendors sold by mixing lower quality onion at higher side rates. The price of tomato was slightly came down from higher end and fixed at Rs 30 to 40 with an increase of influx of Indian tomato.

Both garlic China and Desi was fixed at Rs 80 to 90 per kg and sold at Rs 100 per kg. Ginger China was fixed at Rs 70 to 75 per kg and Ginger Thai landed at Rs 60 to 65 per kg while vendors sold it at Rs 80 per kg.

Spinach farm was fixed at Rs 5 to 7 per kg and Desi at Rs 8 to 10 per kg while spinach farm was sold at Rs 10 to 12 per kg. Brinjal was fixed at Rs 30 to 35 per kg but not available in makeshift markets while cucumber rates were fixed at Rs 26 to 32 per kg and sold at Rs 40 per kg.

Cabbage was fixed at Rs 15 to 20 per kg and cauliflower at Rs 8 to 12 per kg and sold at Rs 15 per kg. Pumpkin price was Rs 35 to 40 per kg and sold at Rs 50 per kg. Pea was fixed at Rs 30 to 36 per kg and sold at Rs 40 per kg. Capsicum was fixed at Rs 70 to 80 per kg and sold at Rs 100 per kg while green chilli was fixed at Rs 80 to 100 per kg but missing there while outside it was sold at Rs 120 to 160 per kg.

Carrot price was Rs 8 to 14 per kg and Radish was fixed at Rs 7 to 8 per kg but not sold there and outside the Sunday bazaars sold at Rs 20 per kg. The prices of different variety of apple were ranging from Rs 40 to 155 per kg while average price of B-category apple was Rs 50 to 150 per kg.

Guava price was fixed at Rs 30 to 35 per kg and sold at Rs 50 to 60 per kg.

Strawberry price was fixed at Rs 160 to 200 per kg but not seen there.

Musmai price was Rs 100 to 110 per dozen and Malta at Rs 60 to 70 per dozen.

Kinow special quality was fixed at Rs 80 to 100 per dozen, Kinow A-quality at Rs 50 to 60 per dozen and sold at Rs 80 per dozen and Kinow B-quality at Rs 30 to 40 per dozen while vendors sold it Rs 60 per dozen.

Grapefruit price was fixed at Rs 15 to 20 per piece and B-quality was sold at Rs 20 per piece. Banana A-quality was fixed at Rs 40 to 45 per dozen and B-quality at Rs 30 to 35 per dozen and sold at Rs 45 per dozen.

Courtesy The NEWS

0

Cotton market remains steady

KARACHI: Ginners held their strong positions at the cotton market on Thursday, which kept the trade steady, while prices of individual deals further increased to Rs6,100 per maund, a dealer said.

The spot rate remained unchanged at Rs5,800 per maund (37.324kg) and Rs6,216 per 40kg, while ex-Karachi spot rate remained firm at Rs5,930 per maund and Rs6,346 per 40kg after addition of Rs130 as upcountry expenses, he said.

An analyst said that although international market declined for the second consecutive day, prices in the local market remained stable on the back of strong stand by the ginners. Karachi cotton market recorded moderate trading of around 15,000 bales in between Rs4,600 to Rs6,100 per maund.

A total of 400 bales of Mirpurkhas and 1,000 low grade bales of Chichawatni were each sold at Rs4,600 per maund, 1,326 bales of Shaheed Benazirabad and 400 bales of Shahdadpur were each sold at Rs5,000, 400 bales of Pano Aqil at Rs5,800, 2,000 bales of Vehari at Rs5,450 to Rs5,600, 400 bales of Multan at Rs5,450, 400 bales of Lodhran at Rs5,600, 800 bales of Duniapur at Rs5,600 to Rs5,700 and 1,000 bales of Bahawalpur were sold at Rs5,675 to Rs5,700 per maund.

Likewise, Haroonabad’s 400 bales were sold at Rs5,700, 1,400 bales of Khanewal at Rs5,725 to Rs6,000, 400 bales of Mailsi, 1,000 bales of Sadiqabad and 600 bales of Chani Goth were each sold at Rs5,800 per maund, 600 bales of Chichawatni at Rs5,950, 1,000 bales of Rahim Yar Khan and 1,000 bales of Mianwali were each sold at Rs6,000 and 1,400 bales of Rajanpur were sold at Rs6,100 per maund.

Courtesy The NEWS

Cotton spot rate declines by Rs100

KARACHI: The local cotton market remained under pressure on Friday as international market recorded a major decline, which resulted in fall in the spot rate at the local market, a dealer said.

The spot rate declined by Rs100 per maund to Rs5,700 per maund (37.324kg) and Rs6,109 per 40kg, while ex-Karachi spot rate fell to Rs5,830 per maund and Rs6,239 per 40kg after addition of Rs130 as upcountry expenses, he said.

An analyst said that the international market recorded a major decline, which put pressure on the local market, but despite tense situation the trade continued.

“The international market revolves around New York cotton market, which has an impact over the world cotton market,” he said.

China cotton index recorded an increase on Friday, whereas New York cotton market recorded a major decline on all futures on Thursday. March futures in the New York cotton market fell by 3.24 cents to 90.38 cents per pound, while May futures decreased by 3.30 cents to 91.88 cents per pound.

Karachi cotton market recorded moderate trading of around 12,000 bales in between Rs4,600 to Rs6,000 per maund.

Tando Adam’s 200 bales were sold at Rs4,600 per maund, 200 bales of Ghotki at Rs5,750, 1,000 bales of Obaro at Rs6,000, 800 bales of Daranwala, 800 bales of Faqirwali and 1,000 bales of Haroonabad were each sold at Rs5,250 per maund, 400 bales of Gojra at Rs5,400, 1,000 bales of Vehari at Rs5,425 to Rs5,475, 400 bales of Fort Abbas at Rs5,450 and 1,800 bales of Hasilpur were sold at Rs5,450 to Rs5,500 per maund.

Likewise, Chistian’s 400 bales were sold at Rs5,450, 400 bales of Mamo Kanjan, 400 bales Rinala Khurd and 800 bales of Bahawalpur were each sold at Rs5,500 per maund, 400 bales of Rajanpur at Rs5,750, 800 bales of Kabirwala at Rs5,750 to Rs5,800, 200 bales of Multan, 200 bales of Kacha Kho and 600 bales of Basti Malook were each sold at Rs5,800, while 400 bales of Mianwali were sold at Rs6,000 per maund.

Courtesy The NEWS

Comparative price list of fruit, vegetables issued wrongly

LAHORE, February 13, 2012: THE Market Committee has issued comparative price list of fruits and vegetables this week again by ignoring the fact that weekly makeshift markets were established last week due to Eid-Miladun Nabi holiday.

This exposed the working of the Market Committee which only issued price lists by ignoring the ground realties. The prices fixed by the Market Committee are always a bone of contention between the vendors, buyers and administration. The vendors claimed that the Market Committee fixed rates wrongly and overcharged the buyers while the administration imposed fine and cancelled their stalls on overcharging. However, no higher authorities ever check the working of the Market Committee and asked it to mend its ways. The faulty working of the Market Committee has been exposed this week on which higher authorities could take action.

This week, price of potato was fixed at Rs 12 to 14 per kg, onion at Rs 28 to 35 per kg and vendors sold by mixing lower quality onion at higher side rates. The price of tomato was slightly came down from higher end and fixed at Rs 30 to 40 with an increase of influx of Indian tomato.

Both garlic China and Desi was fixed at Rs 80 to 90 per kg and sold at Rs 100 per kg. Ginger China was fixed at Rs 70 to 75 per kg and Ginger Thai landed at Rs 60 to 65 per kg while vendors sold it at Rs 80 per kg.

Spinach farm was fixed at Rs 5 to 7 per kg and Desi at Rs 8 to 10 per kg while spinach farm was sold at Rs 10 to 12 per kg. Brinjal was fixed at Rs 30 to 35 per kg but not available in makeshift markets while cucumber rates were fixed at Rs 26 to 32 per kg and sold at Rs 40 per kg.

Cabbage was fixed at Rs 15 to 20 per kg and cauliflower at Rs 8 to 12 per kg and sold at Rs 15 per kg. Pumpkin price was Rs 35 to 40 per kg and sold at Rs 50 per kg. Pea was fixed at Rs 30 to 36 per kg and sold at Rs 40 per kg. Capsicum was fixed at Rs 70 to 80 per kg and sold at Rs 100 per kg while green chilli was fixed at Rs 80 to 100 per kg but missing there while outside it was sold at Rs 120 to 160 per kg.

Carrot price was Rs 8 to 14 per kg and Radish was fixed at Rs 7 to 8 per kg but not sold there and outside the Sunday bazaars sold at Rs 20 per kg. The prices of different variety of apple were ranging from Rs 40 to 155 per kg while average price of B-category apple was Rs 50 to 150 per kg.

Guava price was fixed at Rs 30 to 35 per kg and sold at Rs 50 to 60 per kg.

Strawberry price was fixed at Rs 160 to 200 per kg but not seen there.

Musmai price was Rs 100 to 110 per dozen and Malta at Rs 60 to 70 per dozen.

Kinow special quality was fixed at Rs 80 to 100 per dozen, Kinow A-quality at Rs 50 to 60 per dozen and sold at Rs 80 per dozen and Kinow B-quality at Rs 30 to 40 per dozen while vendors sold it Rs 60 per dozen.

Grapefruit price was fixed at Rs 15 to 20 per piece and B-quality was sold at Rs 20 per piece. Banana A-quality was fixed at Rs 40 to 45 per dozen and B-quality at Rs 30 to 35 per dozen and sold at Rs 45 per dozen.

Courtesy The NEWS

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Cotton market remains steady

KARACHI: Ginners held their strong positions at the cotton market on Thursday, which kept the trade steady, while prices of individual deals further increased to Rs6,100 per maund, a dealer said.

The spot rate remained unchanged at Rs5,800 per maund (37.324kg) and Rs6,216 per 40kg, while ex-Karachi spot rate remained firm at Rs5,930 per maund and Rs6,346 per 40kg after addition of Rs130 as upcountry expenses, he said.

An analyst said that although international market declined for the second consecutive day, prices in the local market remained stable on the back of strong stand by the ginners. Karachi cotton market recorded moderate trading of around 15,000 bales in between Rs4,600 to Rs6,100 per maund.

A total of 400 bales of Mirpurkhas and 1,000 low grade bales of Chichawatni were each sold at Rs4,600 per maund, 1,326 bales of Shaheed Benazirabad and 400 bales of Shahdadpur were each sold at Rs5,000, 400 bales of Pano Aqil at Rs5,800, 2,000 bales of Vehari at Rs5,450 to Rs5,600, 400 bales of Multan at Rs5,450, 400 bales of Lodhran at Rs5,600, 800 bales of Duniapur at Rs5,600 to Rs5,700 and 1,000 bales of Bahawalpur were sold at Rs5,675 to Rs5,700 per maund.

Likewise, Haroonabad’s 400 bales were sold at Rs5,700, 1,400 bales of Khanewal at Rs5,725 to Rs6,000, 400 bales of Mailsi, 1,000 bales of Sadiqabad and 600 bales of Chani Goth were each sold at Rs5,800 per maund, 600 bales of Chichawatni at Rs5,950, 1,000 bales of Rahim Yar Khan and 1,000 bales of Mianwali were each sold at Rs6,000 and 1,400 bales of Rajanpur were sold at Rs6,100 per maund.

Courtesy The NEWS

Cotton spot rate declines by Rs100

KARACHI: The local cotton market remained under pressure on Friday as international market recorded a major decline, which resulted in fall in the spot rate at the local market, a dealer said.

The spot rate declined by Rs100 per maund to Rs5,700 per maund (37.324kg) and Rs6,109 per 40kg, while ex-Karachi spot rate fell to Rs5,830 per maund and Rs6,239 per 40kg after addition of Rs130 as upcountry expenses, he said.

An analyst said that the international market recorded a major decline, which put pressure on the local market, but despite tense situation the trade continued.

“The international market revolves around New York cotton market, which has an impact over the world cotton market,” he said.

China cotton index recorded an increase on Friday, whereas New York cotton market recorded a major decline on all futures on Thursday. March futures in the New York cotton market fell by 3.24 cents to 90.38 cents per pound, while May futures decreased by 3.30 cents to 91.88 cents per pound.

Karachi cotton market recorded moderate trading of around 12,000 bales in between Rs4,600 to Rs6,000 per maund.

Tando Adam’s 200 bales were sold at Rs4,600 per maund, 200 bales of Ghotki at Rs5,750, 1,000 bales of Obaro at Rs6,000, 800 bales of Daranwala, 800 bales of Faqirwali and 1,000 bales of Haroonabad were each sold at Rs5,250 per maund, 400 bales of Gojra at Rs5,400, 1,000 bales of Vehari at Rs5,425 to Rs5,475, 400 bales of Fort Abbas at Rs5,450 and 1,800 bales of Hasilpur were sold at Rs5,450 to Rs5,500 per maund.

Likewise, Chistian’s 400 bales were sold at Rs5,450, 400 bales of Mamo Kanjan, 400 bales Rinala Khurd and 800 bales of Bahawalpur were each sold at Rs5,500 per maund, 400 bales of Rajanpur at Rs5,750, 800 bales of Kabirwala at Rs5,750 to Rs5,800, 200 bales of Multan, 200 bales of Kacha Kho and 600 bales of Basti Malook were each sold at Rs5,800, while 400 bales of Mianwali were sold at Rs6,000 per maund.

Courtesy The NEWS

Comparative price list of fruit, vegetables issued wrongly

LAHORE, February 13, 2012: THE Market Committee has issued comparative price list of fruits and vegetables this week again by ignoring the fact that weekly makeshift markets were established last week due to Eid-Miladun Nabi holiday.

This exposed the working of the Market Committee which only issued price lists by ignoring the ground realties. The prices fixed by the Market Committee are always a bone of contention between the vendors, buyers and administration. The vendors claimed that the Market Committee fixed rates wrongly and overcharged the buyers while the administration imposed fine and cancelled their stalls on overcharging. However, no higher authorities ever check the working of the Market Committee and asked it to mend its ways. The faulty working of the Market Committee has been exposed this week on which higher authorities could take action.

This week, price of potato was fixed at Rs 12 to 14 per kg, onion at Rs 28 to 35 per kg and vendors sold by mixing lower quality onion at higher side rates. The price of tomato was slightly came down from higher end and fixed at Rs 30 to 40 with an increase of influx of Indian tomato.

Both garlic China and Desi was fixed at Rs 80 to 90 per kg and sold at Rs 100 per kg. Ginger China was fixed at Rs 70 to 75 per kg and Ginger Thai landed at Rs 60 to 65 per kg while vendors sold it at Rs 80 per kg.

Spinach farm was fixed at Rs 5 to 7 per kg and Desi at Rs 8 to 10 per kg while spinach farm was sold at Rs 10 to 12 per kg. Brinjal was fixed at Rs 30 to 35 per kg but not available in makeshift markets while cucumber rates were fixed at Rs 26 to 32 per kg and sold at Rs 40 per kg.

Cabbage was fixed at Rs 15 to 20 per kg and cauliflower at Rs 8 to 12 per kg and sold at Rs 15 per kg. Pumpkin price was Rs 35 to 40 per kg and sold at Rs 50 per kg. Pea was fixed at Rs 30 to 36 per kg and sold at Rs 40 per kg. Capsicum was fixed at Rs 70 to 80 per kg and sold at Rs 100 per kg while green chilli was fixed at Rs 80 to 100 per kg but missing there while outside it was sold at Rs 120 to 160 per kg.

Carrot price was Rs 8 to 14 per kg and Radish was fixed at Rs 7 to 8 per kg but not sold there and outside the Sunday bazaars sold at Rs 20 per kg. The prices of different variety of apple were ranging from Rs 40 to 155 per kg while average price of B-category apple was Rs 50 to 150 per kg.

Guava price was fixed at Rs 30 to 35 per kg and sold at Rs 50 to 60 per kg.

Strawberry price was fixed at Rs 160 to 200 per kg but not seen there.

Musmai price was Rs 100 to 110 per dozen and Malta at Rs 60 to 70 per dozen.

Kinow special quality was fixed at Rs 80 to 100 per dozen, Kinow A-quality at Rs 50 to 60 per dozen and sold at Rs 80 per dozen and Kinow B-quality at Rs 30 to 40 per dozen while vendors sold it Rs 60 per dozen.

Grapefruit price was fixed at Rs 15 to 20 per piece and B-quality was sold at Rs 20 per piece. Banana A-quality was fixed at Rs 40 to 45 per dozen and B-quality at Rs 30 to 35 per dozen and sold at Rs 45 per dozen.

Courtesy The NEWS

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Cotton market remains steady

KARACHI: Ginners held their strong positions at the cotton market on Thursday, which kept the trade steady, while prices of individual deals further increased to Rs6,100 per maund, a dealer said.

The spot rate remained unchanged at Rs5,800 per maund (37.324kg) and Rs6,216 per 40kg, while ex-Karachi spot rate remained firm at Rs5,930 per maund and Rs6,346 per 40kg after addition of Rs130 as upcountry expenses, he said.

An analyst said that although international market declined for the second consecutive day, prices in the local market remained stable on the back of strong stand by the ginners. Karachi cotton market recorded moderate trading of around 15,000 bales in between Rs4,600 to Rs6,100 per maund.

A total of 400 bales of Mirpurkhas and 1,000 low grade bales of Chichawatni were each sold at Rs4,600 per maund, 1,326 bales of Shaheed Benazirabad and 400 bales of Shahdadpur were each sold at Rs5,000, 400 bales of Pano Aqil at Rs5,800, 2,000 bales of Vehari at Rs5,450 to Rs5,600, 400 bales of Multan at Rs5,450, 400 bales of Lodhran at Rs5,600, 800 bales of Duniapur at Rs5,600 to Rs5,700 and 1,000 bales of Bahawalpur were sold at Rs5,675 to Rs5,700 per maund.

Likewise, Haroonabad’s 400 bales were sold at Rs5,700, 1,400 bales of Khanewal at Rs5,725 to Rs6,000, 400 bales of Mailsi, 1,000 bales of Sadiqabad and 600 bales of Chani Goth were each sold at Rs5,800 per maund, 600 bales of Chichawatni at Rs5,950, 1,000 bales of Rahim Yar Khan and 1,000 bales of Mianwali were each sold at Rs6,000 and 1,400 bales of Rajanpur were sold at Rs6,100 per maund.

Courtesy The NEWS

Cotton spot rate declines by Rs100

KARACHI: The local cotton market remained under pressure on Friday as international market recorded a major decline, which resulted in fall in the spot rate at the local market, a dealer said.

The spot rate declined by Rs100 per maund to Rs5,700 per maund (37.324kg) and Rs6,109 per 40kg, while ex-Karachi spot rate fell to Rs5,830 per maund and Rs6,239 per 40kg after addition of Rs130 as upcountry expenses, he said.

An analyst said that the international market recorded a major decline, which put pressure on the local market, but despite tense situation the trade continued.

“The international market revolves around New York cotton market, which has an impact over the world cotton market,” he said.

China cotton index recorded an increase on Friday, whereas New York cotton market recorded a major decline on all futures on Thursday. March futures in the New York cotton market fell by 3.24 cents to 90.38 cents per pound, while May futures decreased by 3.30 cents to 91.88 cents per pound.

Karachi cotton market recorded moderate trading of around 12,000 bales in between Rs4,600 to Rs6,000 per maund.

Tando Adam’s 200 bales were sold at Rs4,600 per maund, 200 bales of Ghotki at Rs5,750, 1,000 bales of Obaro at Rs6,000, 800 bales of Daranwala, 800 bales of Faqirwali and 1,000 bales of Haroonabad were each sold at Rs5,250 per maund, 400 bales of Gojra at Rs5,400, 1,000 bales of Vehari at Rs5,425 to Rs5,475, 400 bales of Fort Abbas at Rs5,450 and 1,800 bales of Hasilpur were sold at Rs5,450 to Rs5,500 per maund.

Likewise, Chistian’s 400 bales were sold at Rs5,450, 400 bales of Mamo Kanjan, 400 bales Rinala Khurd and 800 bales of Bahawalpur were each sold at Rs5,500 per maund, 400 bales of Rajanpur at Rs5,750, 800 bales of Kabirwala at Rs5,750 to Rs5,800, 200 bales of Multan, 200 bales of Kacha Kho and 600 bales of Basti Malook were each sold at Rs5,800, while 400 bales of Mianwali were sold at Rs6,000 per maund.

Courtesy The NEWS

Comparative price list of fruit, vegetables issued wrongly

LAHORE, February 13, 2012: THE Market Committee has issued comparative price list of fruits and vegetables this week again by ignoring the fact that weekly makeshift markets were established last week due to Eid-Miladun Nabi holiday.

This exposed the working of the Market Committee which only issued price lists by ignoring the ground realties. The prices fixed by the Market Committee are always a bone of contention between the vendors, buyers and administration. The vendors claimed that the Market Committee fixed rates wrongly and overcharged the buyers while the administration imposed fine and cancelled their stalls on overcharging. However, no higher authorities ever check the working of the Market Committee and asked it to mend its ways. The faulty working of the Market Committee has been exposed this week on which higher authorities could take action.

This week, price of potato was fixed at Rs 12 to 14 per kg, onion at Rs 28 to 35 per kg and vendors sold by mixing lower quality onion at higher side rates. The price of tomato was slightly came down from higher end and fixed at Rs 30 to 40 with an increase of influx of Indian tomato.

Both garlic China and Desi was fixed at Rs 80 to 90 per kg and sold at Rs 100 per kg. Ginger China was fixed at Rs 70 to 75 per kg and Ginger Thai landed at Rs 60 to 65 per kg while vendors sold it at Rs 80 per kg.

Spinach farm was fixed at Rs 5 to 7 per kg and Desi at Rs 8 to 10 per kg while spinach farm was sold at Rs 10 to 12 per kg. Brinjal was fixed at Rs 30 to 35 per kg but not available in makeshift markets while cucumber rates were fixed at Rs 26 to 32 per kg and sold at Rs 40 per kg.

Cabbage was fixed at Rs 15 to 20 per kg and cauliflower at Rs 8 to 12 per kg and sold at Rs 15 per kg. Pumpkin price was Rs 35 to 40 per kg and sold at Rs 50 per kg. Pea was fixed at Rs 30 to 36 per kg and sold at Rs 40 per kg. Capsicum was fixed at Rs 70 to 80 per kg and sold at Rs 100 per kg while green chilli was fixed at Rs 80 to 100 per kg but missing there while outside it was sold at Rs 120 to 160 per kg.

Carrot price was Rs 8 to 14 per kg and Radish was fixed at Rs 7 to 8 per kg but not sold there and outside the Sunday bazaars sold at Rs 20 per kg. The prices of different variety of apple were ranging from Rs 40 to 155 per kg while average price of B-category apple was Rs 50 to 150 per kg.

Guava price was fixed at Rs 30 to 35 per kg and sold at Rs 50 to 60 per kg.

Strawberry price was fixed at Rs 160 to 200 per kg but not seen there.

Musmai price was Rs 100 to 110 per dozen and Malta at Rs 60 to 70 per dozen.

Kinow special quality was fixed at Rs 80 to 100 per dozen, Kinow A-quality at Rs 50 to 60 per dozen and sold at Rs 80 per dozen and Kinow B-quality at Rs 30 to 40 per dozen while vendors sold it Rs 60 per dozen.

Grapefruit price was fixed at Rs 15 to 20 per piece and B-quality was sold at Rs 20 per piece. Banana A-quality was fixed at Rs 40 to 45 per dozen and B-quality at Rs 30 to 35 per dozen and sold at Rs 45 per dozen.

Courtesy The NEWS

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