Exports: Wheat exports at negligible levels
Minor quantities of wheat are exported in containers or small random ships.
Minor quantities of wheat are exported in containers or small random ships. PHOTO: FILE
KARACHI:
The Wheat Traders Association of Pakistan (WTAP) terming a report about potential shortage of wheat, increase in prices and heavy buying by exporters and traders incorrect claimed that the current volume of wheat export is negligible.
WTAP Secretary Saleem Ahmed Nooruddin in a press statement emphasised that currently minor quantities of wheat are exported in containers or small random ships which are negligible in the overall wheat scenario of Pakistan or its trade.
“Our members report that they are not aware of any heavy buying by stockists or exporters as Pakistan is currently completely priced-out of the export market”. Saleem further stated that WTAP would welcome any statistics or names of Vessels for export buying.
Small negligible tonnages hardly constitute wheat exports, he asserted.
Published in The Express Tribune, May 11th, 2013.
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The Wheat Traders Association of Pakistan (WTAP) terming a report about potential shortage of wheat, increase in prices and heavy buying by exporters and traders incorrect claimed that the current volume of wheat export is negligible.
WTAP Secretary Saleem Ahmed Nooruddin in a press statement emphasised that currently minor quantities of wheat are exported in containers or small random ships which are negligible in the overall wheat scenario of Pakistan or its trade.
“Our members report that they are not aware of any heavy buying by stockists or exporters as Pakistan is currently completely priced-out of the export market”. Saleem further stated that WTAP would welcome any statistics or names of Vessels for export buying.
Small negligible tonnages hardly constitute wheat exports, he asserted.
Published in The Express Tribune, May 11th, 2013.
Like Business on Facebook to stay informed and join in the conversation.