On Friday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,533. The traded value of Metals, Energy and COTS/FX was recorded at PKR 15.156 billion and the number of lots traded 18,430. Major

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Pakistan Kissan Ittehad (PKI) has opposed diversion of natural gas from fertilizer sector to power sector, saying that any such action would take urea price to Rs 2,200 per bag. President PKI Khalid Mahmood Khokhar

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The federal government is abuzz with "inside" information that the domestic fertilizer industry is involved in urea stocking due to which price of commodity is showing a continuous upward trend, well-informed sources told Business Recorder.

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The Economic Coordination Committee (ECC) of the Cabinet which is scheduled to meet on Tuesday (today) with Finance Minister Asad Umar in the chair is likely to approve modalities of Ministry of National Food Security

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