Rice, wheat physical deliverable futures: PMEX hosts first roadshow

KARACHI: Pakistan Mercantile Exchange Limited (PMEX) organized its first roadshow on physical deliverable futures contracts of rice and wheat.

The event was organised in collaboration with Meskay & Femtee Trading Company, a PMEX-registered broker and market maker.

The session was attended by more than 150 exporters, traders, brokers, and other commodity market participants. The event was part of PMEX’s efforts to promote trading in key agricultural commodities on a regulated platform.

Rice and wheat are staple crops in Pakistan, and their prices often fluctuate due to supply and demand pressures. PMEX provides a formal, regulated, and transparent exchange-based trading platform for hedging price risk, transparent price discovery, and better risk management.

During the session, PMEX officials explained the features of Rice and Wheat Futures, including delivery procedures, margin requirements, commodity standards, and regulatory safeguards. A live trading demonstration showed how futures contracts are traded on the Exchange.

Khurram Zafar, MD and CEO of PMEX, said: “Agriculture is the backbone of Pakistan’s economy and our goal is to build an efficient and regulated agri-commodity market in the country. Through Deliverable Rice and Wheat Futures, PMEX is providing a transparent and secure platform where traders, importers, exporters, and eventually farmers will benefit from standardization, reliable prices and efficient and risk managed transactions.”