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Riffat Mughal

China cotton importers reduce bookings, await quotas -report - 0 views

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    BEIJING: Chinese cotton importers are refraining from booking shipments before April because of uncertainty over the timing and volume of sliding-tariff quotas for 2012, according to a report on an industry web site on Wednesday.
Riffat Mughal

Govt to import 500mmcf LNG for power generation - 0 views

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    ISLAMABAD: The government is actively engaged to pave way for import of 500 MMCF Liquefied Natural Gas (LNG) on emergent basis to be exclusively used for generation of 2500 megawatts electricity in the country.
Riffat Mughal

Project worth US $ 166 million for import of LNG signed - 0 views

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    ISLAMABAD: The first Liquified Natural Gas (LNG) terminal project for the import of 400-500 million cubic feet (mmcf) LNG was signed here on Friday in order to overcome energy crisis in the country and to reduce growing dependence on expensive furnace oil.
Riffat Mughal

Lotte eyes increase in import tariffs - 0 views

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    SINGAPORE: Lotte Pakistan PTA (LOTPTA) depends on government's decision to increase import tariffs to expand investments in its purified terephthalic acid (PTA) production capacity to 1.5 million tons per year industry, said the report published in ICIS news.
Riffat Mughal

Rupee slide continues for third day, records at 88.45 to dlr - 0 views

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    KARACHI: The Pakistani rupee's slide continued for a third day on Wednesday, with increased import payments, negative sentiment about regional currencies and a bleak outlook for the country's economy driving it to a record low of 88.45 to the dollar.
Riffat Mughal

KMI likely to take U-turn on global stocks recovery - 0 views

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    KARACHI: Positive triggers and foreign institutional support is needed in the market amidst diplomatic tensions and political uncertainty. Since the market is following global trend recently, the movements in global markets will also be an important determinant shaping the course of the market. Market is expected to recover somewhat today after central bank's intervention to support the rupee.
Halal Tamweel

Pakistani rupee hits fresh record low against dlr - 0 views

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    KARACHI: The Pakistani rupee hit its second record low against the dollar in two days on Friday, touching 87.92 on increased import payments and pessimism about the country's economic outlook before firming to 87.75/78 at the close.
Riffat Mughal

South Asia floods spare crops but Pakistan cotton hit - 0 views

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    NEW DELHI/ISLAMABAD: Seasonal floods across South Asia have largely spared summer crops this year, helping meet output targets for key rice and cane harvests, but Pakistan could import more cotton after losing about two million bales of the fibre to rains.
Halal Tamweel

Urea ship arrives at Gwadar port - 0 views

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    KARACHI: A ship carrying 27,420 metric tonnes of urea imported by Trading Corporation of Pakistan (TCP) has arrived at Gwadar Port on Wednesday.
Halal Tamweel

Pakistan to ease palm oil duty for Indonesia - 0 views

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    JAKARTA: Pakistan has agreed to lower its duty by 15 percent on Indonesian crude palm oil and its by products by January 2012, officials said.
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