Alas, Covid-19 disrupts Iran’s LPG supply to Pakistan

MG News | February 26, 2020 at 01:27 PM GMT+05:00

0:00

February 26, 2020 (MLN): The closure of Taftan border, amidst rising fears emanating from Covid-19 infection in the region, has resulted in the stoppage of LPG supplies from Iran.

It is imperative to mention that around 800 to 1000 metric tons of LPG arrive from Iran to Pakistan on a daily basis, and disturbance to supply of such a level has impacted the prices.

As per sources, the price of LPG post closure of Tatan border has increased by Rs. 50 to Rs. 200 per kg.

Copyright Mettis Link News

Related News

SBP reserves have increased for the 32nd consecutive week

Electricity supply steady in face of seasonal constraints

Ishaq Dar leads Pakistan’s diplomatic push in Riyadh

Name	Price/Vol	%Chg/NChg
KSE100	152,740.38 147.44M	-1.01% -1551.88
ALLSHR	91,858.47 324.25M	-0.86% -800.10
KSE30	46,223.61 86.89M	-1.45% -681.25
KMI30	219,130.92 66.08M	-1.15% -2553.50
KMIALLSHR	59,625.28 139.61M	-0.93% -562.17
BKTi	42,104.46 39.09M	-2.02% -866.56
OGTi	32,077.87 10.13M	-1.27% -414.19

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	70,780.00	71,070.00 69,755.00	420.00 0.60%
BRENT CRUDE	106.60	107.85 105.05	-2.05 -1.89%
RICHARDS BAY COAL MONTHLY	99.40	0.00 0.00	-11.80 -10.61%
ROTTERDAM COAL MONTHLY	123.30	123.30 123.00	2.10 1.73%
USD RBD PALM OLEIN	1,083.50	1,083.50 1,083.50	0.00 0.00%
CRUDE OIL - WTI	93.35	94.80 92.47	-2.20 -2.30%
SUGAR #11 WORLD	15.42	15.49 14.76	0.62 4.19%