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PMEX daily trading report

On Friday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,539. The traded value of metals, energy and COTS/FX was recorded at...

Russia’s economy ministry backs proposal to limit grain exports

Russia’s economy ministry is backing a proposal made by the agriculture ministry last week to limit Russian grain exports to 7 million tonnes from...

Turkey provisionally buys wheat

Turkey’s TMO state grain board has provisionally purchased about 175,000 tonnes of wheat in a series of tenders that closed on Friday, European traders...

Prices of essential kitchen items witness further increase

The prices of most essential kitchen items including wheat flour, sugar, pulses and ghee/cooking oil prices have witnessed a further increase, a survey carried...

Wheat, soybeans hold firm as coronavirus raises supply risks

Corn was little changed as the market consolidated after recent losses linked to the slump in demand for corn-based ethanol fuel. CBOT soybeans were up...

Food crisis looms as farms idle, countries hoard supplies

Agricultural laborers spray against insects and weeds inside the orchards of a fruit farm in Mesa, California. In this time of the Covid-19 Coronavirus...

Russian wheat export prices jump; growth in domestic prices slows

Russian wheat with 12.5pc protein content loaded from Black Sea ports and for the nearest delivery jumped by $10 to $217 a tonne free...

Ukraine traders agree wheat export curb to protect bread prices

The economy ministry said it would control wheat export shipments, sell flour in the domestic market and agree with traders a maximum volume of...

European wheat prices pare all gains recorded previously

European wheat prices pared all gains recorded in the previous session on Thursday as market players viewed recent rises in Chicago and Paris as...