-DAWN - Business; October 23, 2006

Published October 23, 2006
PRE-Eid holiday mood prevailed on the Karachi wholesale commodity markets last week as both buyers and sellers mostly kept on to the sidelines as they refrained from making fresh commitments nearly on all counters.

Stray business was reported in some essential items at the fag-end of the week where prices rose and fell with the demand and late selling due to the Eid holidays.

According to the sources, fixation of Rabi crop targets by the government, notably of wheat at 22.5 million tons was in line with the market thinking and could be achieved based on last season

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