Tag: Price

Engro’s stock price depreciating

Issues like gas curtailment and magnifying debt servicing are taking their toll on the stock price of Engro Corporation Limited (ENGRO). Because of this...

LPG price increased by Rs. 5 per kg

The domestic cylinder will cost Rs. 59 more as Liquefied Petroleum Gas (LPG) price has been increased by Rs. 5 per kg. According to a...

World price drops

U.S. crude oil settled at $99.29 a barrel, down $2.64, after earlier falling to a session low at $98.60. Brent crude settled 79 cents...

Sugar prices set to rise again

Sugar price in the country may surge to Rs80 per kilogramme in the next couple of months as huge amounts of sugar have been...

DCO a week late in signing off price list

The City District Government Karachi (CDGK) signed off on the price list of food items for June 1 – June 14 on Tuesday, exactly...

‘Invisible hand’ responsible for sugar price hike?

The Federal Budget 2011-12 has started taking its toll on sugar prices. Mirroring previous trends, sugar prices have soared Rs 3 per kilogramme in...

Animal smuggling causing meat price hike: UVAS VET

and illegal export of animals to neighbouring counties are main causes of shortage of meat and its price hike in the country, University...

North ‘blockade’ hikes prices in south Sudan

Prices of basic goods in south Sudan have surged after a cargo “blockade” by former civil war enemies in the north, officials said on...

Price of 20kg flour bag down by Rs 15

The Pakistan Flour Mills Association (PFMA) has announced a reduction of Rs 15 in the price of 20-kilogram flour bag from Wednesday (today) to...

Gold off record, silver slides on bin Laden

Gold prices slipped from record highs and silver posted its biggest one-day loss since December 2008 after news broke that al-Qaeda leader Osama bin...

APLMA slams lube oil price increases

National Refinery has once again increased the prices of lube base oil by Rs 3.0 per litre which would result in sharp increase in...

LPG price jumps by Rs 10 per kilogramme

Soon after the surge in oil prices, the price of liquefied petroleum gas (LPG) has also jumped by at least Rs 10 per kilogram...

OGRA asks govt to increase prices of petroleum products

The Oil and Gas Regulatory Authority (Ogra) has advised the government to increase the prices of petroleum products in light of the increase in...

OPEC concerned over high oil price: Badri

KUWAIT CITY - Secretary general of OPEC Abdullah El-Badri said on Monday that oil producers are "concerned" at high crude prices and added that markets are adequately supplied.
"The (high) oil price is a concern. We see that there is a $15-20 premium risk at this time," Badri told reporters when asked if OPEC was concerned about soaring crude prices.
He was speaking ahead of a roundtable meeting for Asian energy ministers who are expected to discuss the impact of oil prices

Milk-ing retailers still charging Rs 6 more than fixed price

KARACHI - Despite the government's fixed retail price of fresh milk at Rs 60 per litre in the city, the citizens are still being forced to pay at least Rs 66 for a litre of milk. With the beginning of summer and the hot weather in full swing, the consumption of fresh milk has increased considerably for making yogurt and the traditional milk-derivative cold drink 'lassi'.
While in the absence of any administrative controls over commodity pricing, the retailers have also jacked up

Fuel price hike increases prices at Sunday Bazaars

LAHORE - The increase in prices of petroleum products helped vegetable and fruit prices to skyrocket at Sunday Bazaars. Prices of nearly all commodities including onions, potatoes, tomatoes, garlic, ginger, peas, lemon, green chillies, apples, guava, bananas and strawberry increased by Rs 4 to 20 per kilogramme.
Vendors said that transporters have increased fares due to which vegetable and fruit prices have also increased. Vendors said that prices of vegetables could increase

Oil price hike augurs well for local refineries

KARACHI - The surge in the international oil prices has improved the domestic refinery operating environment by augmenting their Gross Refinery Margins (GRMs), market analysts said on Thursday. The GRMs is a vital gauge for the profitability of oil refinery sector.
The analysts opined that gross margins for the refineries in the local market were all set to respond positively to $2.6 per barrel during this month as compared to -$0.4 per barrel in the preceding month.