Traders place onion import order: PFVA

News Image

MG News | September 01, 2022 at 01:04 PM GMT+05:00

0:00

September 01, 2022 (MLN): The import orders for shipment of onions have been placed, Waheed Ahmed Patron in Chief of Pakistan Vegetable and Fruits Exporters Association (PFVA) informed on Thursday.

The government has allowed importing of up to 13,000 tons of onion. In order to materialize the said permit, food importers have made agreements with companies of UAE, Turkey, China and Egypt, he added.

“Within a period of twenty days, the import consignment of onions will arrive,” he noted.

The decision of the government to import food products in these tough times will help stabilize the prices of onions in the domestic market.

It is pertinent to mention that the import consignment of onions from Iran and Afghanistan has already arrived.

To note, the fear of food shortages and supply chain disruption is started being reflected in spiraling inflation owing to the catastrophic monsoon floods.

Following the surging prices of fruits and vegetables amid floods, Finance Minister Miftah Ismail, earlier this week, stated that these prices will keep on increasing and the government might also consider the option of importing from India to address supply chain disruption.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 161,281.77
321.60M
-0.93%
-1521.39
ALLSHR 97,970.36
897.81M
-0.89%
-882.05
KSE30 48,994.96
132.16M
-1.02%
-502.39
KMI30 231,448.14
91.20M
-1.31%
-3070.88
KMIALLSHR 63,889.05
388.38M
-0.96%
-621.10
BKTi 45,037.73
48.43M
-1.45%
-662.00
OGTi 31,025.58
8.22M
-1.53%
-480.71
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 104,380.00 107,770.00
103,920.00
-2690.00
-2.51%
BRENT CRUDE 64.13 64.80
63.82
-0.76
-1.17%
RICHARDS BAY COAL MONTHLY 86.80 86.80
86.50
1.10
1.28%
ROTTERDAM COAL MONTHLY 97.10 97.45
97.10
0.85
0.88%
USD RBD PALM OLEIN 1,082.50 1,082.50
1,082.50
0.00
0.00%
CRUDE OIL - WTI 60.23 61.03
59.94
-0.82
-1.34%
SUGAR #11 WORLD 14.44 14.72
14.40
-0.21
-1.43%

Chart of the Day


Latest News
November 04, 2025 at 04:22 PM GMT+05:00

PKR inches up by 2.89 paisa against USD


November 04, 2025 at 04:13 PM GMT+05:00

Interloop set to hit Rs108/Share


November 04, 2025 at 04:00 PM GMT+05:00

PSX Closing Bell: Hard Day



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg