ISLAMABAD, Sept 17: The Pakistan Mercantile Exchange (PMEX) has asked the traders at the Islamabad Stock Exchange to enter the commodity market through the organised channels.

The PMEX officials on Monday imparted trainings with special focus on educating the traders and general public about the new deliverable agricultural commodities introduced by PMEX.

Faisal Malik, Business Head of Agricultural Products, PMEX said that the turnover of most of the agri-commodities in hundred of billion rupees and all these products are trading through irregular channels and the prices are manipulated and controlled by the key players at these channels which includes wholesale markets and middlemen.

“Basic purpose of these products is to route the investments through regularised exchanges, which is a proper channel and will help in best price discovery of the agri–commodities and also helps in strengthening the economy,” Malik said.

The investors were told that trading of agri- produce through the Commodity Exchange would not only help documentation of economy but also promote organised food markets.

Opinion

Editorial

‘Source of terror’
Updated 29 Mar, 2024

‘Source of terror’

It is clear that going after militant groups inside Afghanistan unilaterally presents its own set of difficulties.
Chipping in
29 Mar, 2024

Chipping in

FEDERAL infrastructure development schemes are located in the provinces. Most such projects — for instance,...
Toxic emitters
29 Mar, 2024

Toxic emitters

IT is concerning to note that dozens of industries have been violating environmental laws in and around Islamabad....
Judiciary’s SOS
Updated 28 Mar, 2024

Judiciary’s SOS

The ball is now in CJP Isa’s court, and he will feel pressure to take action.
Data protection
28 Mar, 2024

Data protection

WHAT do we want? Data protection laws. When do we want them? Immediately. Without delay, if we are to prevent ...
Selling humans
28 Mar, 2024

Selling humans

HUMAN traders feed off economic distress; they peddle promises of a better life to the impoverished who, mired in...