Rice exports on growing trend during July to Nov 2017

News Image

MG News | December 19, 2017 at 04:53 PM GMT+05:00

0:00

This is to inform all the members of press and electronic media that at the end of November 2017, rice exports for fiscal year 2017-18 (July to Nov 2017)a growth has been observed as compared to Last fiscal year 2016-17 (July to Nov 2016).

This statement was given by Rafique Suleman, Senior Vice Chairman, Rice Exporters Association of Pakistan (REAP) while talking with media persons. He said that this year we exported Total 1.45 Million Metric Tons of rice amounting to US$. 696.957 Million, whereas in last fiscal year we had exported 1.25 Million Metric Tons of rice amounting to US$.528.325 Million, which shows over all a significant growth of 24% in values and 13.8% in quantity.

He said that since last year, we are working with Ministry of Commerce (MinCom) and Trade Development Authority (TDAP) and discussing the possibilities to uplift the country’s export trade which is the back bone of our economy. After taking some measures and with the efforts of Pakistani rice exporters, we are now confident that our rice export trade has shown rising trend.

He added that rice export community has been putting extra ordinary efforts for fetching valueable foreign exchange for our beloved country and making huge investment for installing world’s latest rice machinery and most modern technology for value addition in rice.

Related News

Name Price/Vol %Chg/NChg
KSE100 136,379.97
273.10M
0.32%
440.10
ALLSHR 84,648.35
701.94M
0.06%
47.97
KSE30 41,546.23
70.12M
0.42%
172.55
KMI30 191,719.76
71.30M
0.34%
649.79
KMIALLSHR 55,827.74
371.98M
0.16%
89.67
BKTi 37,827.61
18.93M
-1.72%
-662.14
OGTi 27,670.67
7.41M
-0.42%
-117.47
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 119,150.00 119,660.00
117,255.00
2410.00
2.06%
BRENT CRUDE 68.23 69.09
68.19
-0.48
-0.70%
RICHARDS BAY COAL MONTHLY 96.50 0.00
0.00
1.80
1.90%
ROTTERDAM COAL MONTHLY 104.50 0.00
0.00
-1.05
-0.99%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 65.94 67.01
65.89
-0.58
-0.87%
SUGAR #11 WORLD 16.60 16.65
16.55
0.04
0.24%

Chart of the Day


Latest News
July 16, 2025 at 04:06 PM GMT+05:00

PSX Closing Bell: On the Rise


July 16, 2025 at 03:54 PM GMT+05:00

MTL expected to climb to Rs650/share by Dec 2025


July 16, 2025 at 03:52 PM GMT+05:00

PKR falls 29 paisa against USD


July 16, 2025 at 03:44 PM GMT+05:00

Govt to shut down Utility Stores by July 31


July 16, 2025 at 03:26 PM GMT+05:00

Oil prices steady amid mixed global signals



Top 5 things to watch in this week

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