Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

MPS Preview: High for Longer

Sugar prices stabilizing: Tarin

November 24, 2021 (MLN): Adviser to the Prime Minister on Finance Shaukat Tarin expressed satisfaction over the stability in sugar prices and stressed for appropriate measures to create strategic reserves of sugar in the country

PSO, Shell to keep company outlets open on Thursday

November 24, 2021 (MLN): In view of the announced strike by the Pakistan Petroleum Dealers Association (PPDA), Pakistan State Oil (PSO) and Shell Pakistan have announced to keep company-operated retail outlets open on November 25, the

DAP offtake increases 49% YoY in October

November 24, 2021 (MLN): Amid an upward trend in prices and uncertainty in supply, the sales of diammonium phosphate (DAP) jumped by 49.2% to stand at 342,000 tonnes in October 2021 against 229,000 tonnes recorded

Gold edges higher by Rs2,500 per tola

November 24, 2021 (MLN): Gold edged higher on Friday in the domestic bullion market as the price of 24-karat gold surged by Rs2,500 to close at Rs124,100 per tola, the data provided by Karachi Sarafa

Urea sales jump 24% YoY in October

November 24, 2021 (MLN): Pakistan’s urea sales surged by 24.4% to 514,000 tonnes compared to 413,000 tonnes in the corresponding months of last year, spurred by supply disruption and higher prices, as per National Fertilizer

Fertilizer offtake surges by 45.4% YoY in Oct’21

November 24, 2021 (MLN): The country’s total nutrients offtake grew by 45.4% to 563,000 tonnes during October 2021 from 387,000 tonnes in the same period last year, the latest monthly data of fertilizer offtake issued

Gold extends gains, up by Rs600 per tola

November 19, 2021 (MLN): Gold rates on Friday extended gains in the domestic bullion market as the price of 24-karat gold surged by Rs600 to close at Rs124,600 per tola, the data provided by Karachi

Cotton output jumps 70% as of Nov 15

November 18, 2021 (MLN): The country’s cotton production surged by a whopping 70% YoY to 6.852 million bales up to November 15, 2021, as opposed to 4.027m bales produced in the same period of last

Gold nosedives by Rs2,850 in domestic bullion

November 17, 2021 (MLN): Continuing its downward journey, the price of 24-karat gold in the domestic bullion fell by Rs2,850 to close at Rs122,000 per tola on Wednesday. According to the data provided by Karachi

Gold slips further by Rs1,350 per tola

November 16, 2021 (MLN): The gold rates continued to slip in the domestic bullion market on Tuesday, as the price of 24 karat per tola gold witnessed a decrease of Rs1,350 and was sold at

Gold price falls to Rs126,200 per tola

November 15, 2021 (MLN): The gold rates in the domestic bullion market fell on Monday as the price of 24 karat per tola gold witnessed a decrease of Rs1900 and was sold at Rs 126,200

POL prices likely to remain unchanged

November 15, 2021 (MLN): The government is likely to keep petroleum products' prices unchanged for the upcoming fortnight. In this regard, the government will release notification by tonight. On November 5, 2021, the price of petrol witnessed

OPEC cuts world oil demand forecast for 2021

November 12, 2021: OPEC lowered its world oil demand forecast for 2021 on Thursday, citing weaker demand in major consumers, and an expected hit from high energy prices. In a monthly report, the cartel of

Sugar prices stabilizing: Tarin

November 24, 2021 (MLN): Adviser to the Prime Minister on Finance Shaukat Tarin expressed satisfaction over the stability in sugar prices and stressed for appropriate measures to create strategic reserves of sugar in the country

PSO, Shell to keep company outlets open on Thursday

November 24, 2021 (MLN): In view of the announced strike by the Pakistan Petroleum Dealers Association (PPDA), Pakistan State Oil (PSO) and Shell Pakistan have announced to keep company-operated retail outlets open on November 25, the

DAP offtake increases 49% YoY in October

November 24, 2021 (MLN): Amid an upward trend in prices and uncertainty in supply, the sales of diammonium phosphate (DAP) jumped by 49.2% to stand at 342,000 tonnes in October 2021 against 229,000 tonnes recorded

Gold edges higher by Rs2,500 per tola

November 24, 2021 (MLN): Gold edged higher on Friday in the domestic bullion market as the price of 24-karat gold surged by Rs2,500 to close at Rs124,100 per tola, the data provided by Karachi Sarafa

Urea sales jump 24% YoY in October

November 24, 2021 (MLN): Pakistan’s urea sales surged by 24.4% to 514,000 tonnes compared to 413,000 tonnes in the corresponding months of last year, spurred by supply disruption and higher prices, as per National Fertilizer

Fertilizer offtake surges by 45.4% YoY in Oct’21

November 24, 2021 (MLN): The country’s total nutrients offtake grew by 45.4% to 563,000 tonnes during October 2021 from 387,000 tonnes in the same period last year, the latest monthly data of fertilizer offtake issued

Gold extends gains, up by Rs600 per tola

November 19, 2021 (MLN): Gold rates on Friday extended gains in the domestic bullion market as the price of 24-karat gold surged by Rs600 to close at Rs124,600 per tola, the data provided by Karachi

Cotton output jumps 70% as of Nov 15

November 18, 2021 (MLN): The country’s cotton production surged by a whopping 70% YoY to 6.852 million bales up to November 15, 2021, as opposed to 4.027m bales produced in the same period of last

Gold nosedives by Rs2,850 in domestic bullion

November 17, 2021 (MLN): Continuing its downward journey, the price of 24-karat gold in the domestic bullion fell by Rs2,850 to close at Rs122,000 per tola on Wednesday. According to the data provided by Karachi

Gold slips further by Rs1,350 per tola

November 16, 2021 (MLN): The gold rates continued to slip in the domestic bullion market on Tuesday, as the price of 24 karat per tola gold witnessed a decrease of Rs1,350 and was sold at

Gold price falls to Rs126,200 per tola

November 15, 2021 (MLN): The gold rates in the domestic bullion market fell on Monday as the price of 24 karat per tola gold witnessed a decrease of Rs1900 and was sold at Rs 126,200

POL prices likely to remain unchanged

November 15, 2021 (MLN): The government is likely to keep petroleum products' prices unchanged for the upcoming fortnight. In this regard, the government will release notification by tonight. On November 5, 2021, the price of petrol witnessed

OPEC cuts world oil demand forecast for 2021

November 12, 2021: OPEC lowered its world oil demand forecast for 2021 on Thursday, citing weaker demand in major consumers, and an expected hit from high energy prices. In a monthly report, the cartel of