Trends - cocoa crop - Business Recorder

cocoa crop

London cocoa hits 1-1/2 months peak

• Raw sugar hits 2-week trough NEW YORK/LONDON: London cocoa futures on ICE hit their highest in 1-1/2 months on...

Published 14 Jul, 2021 03:59am

Markets

NY cocoa may bounce

SINGAPORE: New York September cocoa may bounce into a range of $2,311-$2,336, as it has stabilized around a support...

Published 11 Jul, 2021 04:01am

Markets

London cocoa hits lowest in nearly a year; sugar at 1-week low

The European Cocoa Association will release data for second-quarter cocoa grinds, a measure of demand, next Tuesday while data for North America is expected on Thursday.

Published 09 Jul, 2021 12:27am

Markets

NY cocoa dips to 8-month low, sugar falls

LONDON: New York cocoa futures on ICE dipped to an eight-month low on Wednesday as the market struggled to absorb...

Published 08 Jul, 2021 04:22am

Markets

Abundant rains return in Ivory Coast cocoa regions

ABIDJAN: Above average rainfall was recorded in Ivory Coast's cocoa growing regions last week, raising expectations...

Published 15 Jun, 2021 03:30am

Markets

Raw sugar futures fall, arabica coffee also weakens

September London cocoa slipped 0.1% to 1,609 pounds per tonne.
July raw sugar rose 1.9% to 17.70 cents per lb, having settled down 1.9% on Monday.
July arabica coffee rose 0.3% to $1.6055 per lb, having settled down 1.5% on Monday, extending its retreat from last week's 4-1/2-year high of $1.6675.

Published 08 Jun, 2021 07:23pm

Markets

Ivory Coast cocoa farmers fear for mid-crop as dry spell lingers

ABIDJAN: A prolonged dry spell persisted across Ivory Coast’s cocoa-growing regions last week, jeopardising the...

Published 01 Jun, 2021 04:59am

Markets

ICCO sees global cocoa surplus

LONDON: The International Cocoa Organization (ICCO), citing favourable growing conditions, on Monday forecast a...

Published 01 Jun, 2021 04:59am

Markets

Arabica coffee jumps 4.5pc on Brazil weather; raw sugar also up

July arabica coffee settled up 7 cents, or 4.5pc, at $1.6235 per lb?? after setting a 4-1/2-year high of $1.6315 earlier in the session.

Updated 29 May, 2021 12:46am

Markets

Ivory Coast 2020/21 cocoa arrivals seen at 1.963mn tonnes by May 23

About 23,000 tonnes of beans were delivered to Abidjan port and 24,000 tonnes to San Pedro between May 17 and May 23 for a total of 47,000 tonnes, up from 29,000 tonnes during the same week last season.

Published 25 May, 2021 06:27pm

Markets

Dry spell in Ivory Coast raises concerns for cocoa crop

ABIDJAN: Rain was scarce across Ivory Coast’s cocoa-growing regions for the second week in a row, farmers said...

Published 25 May, 2021 04:40am

Markets

Raw sugar rises on fresh demand signs; arabica coffee also up

Arabica coffee was also up. Trading for robusta coffee, white sugar and London cocoa was absent due to a holiday.

Published 05 Apr, 2021 11:55pm

Markets

NY cocoa may fall into $2,177-$2,300 range in Q2

SINGAPORE: New York cocoa may test a support at $2,400 per tonne next quarter, a break below which could cause a ...

Published 28 Mar, 2021 04:14am

Markets

Raw sugar prices edge up, cocoa and coffee weaken

May raw sugar rose by 0.03 cents, or 0.2%, to 15.79 cents per lb.
May London cocoa fell by 13 pounds, or 0.75%, to 1,723 pounds a tonne.
May arabica coffee fell by 0.65 cents, or 0.5%, to $1.2835 per lb.

Updated 22 Mar, 2021 06:30pm

Markets

Arabica coffee prices weaken, sugar also down

*May arabica coffee fell by 0.75 cents, or 0.6%, to $1.3375 per lb. * May raw sugar fell by 0.25 cents, or 1.5%, to 16.05 cents per lb. * May London cocoa fell by 3 pounds, or 0.2%, to 1,734 pounds a tonne.

Published 17 Mar, 2021 08:35pm

Markets

Ivory Coast rains will improve quality of cocoa mid-crop

ABIDJAN: Above-average rains mixed with sun last week in most of Ivory Coast’s cocoa-growing regions stood to ...

Published 17 Mar, 2021 04:45am

Markets

Arabica coffee price rise, sugar and cocoa also up

May arabica coffee rose by 1.45 cents, or 1.1%, to $1.3230 per lb.
May raw sugar rose by 0.16 cents, or 1.0%, to 16.12 cents per lb.
May New York cocoa rose by $26, or 1.0%, to $2,599 a tonne.

Updated 11 Mar, 2021 10:03pm

Markets

Coffee prices fall on demand concerns; sugar also slips

May arabica coffee fell 0.2% to $1.2885 per lb.
May raw sugar fell 0.6% to 16.11 cents per lb after sliding by 1.2% on Monday.
May London cocoa fell 0.2% to 1,758 pounds a tonne.

Updated 09 Mar, 2021 09:30pm

Markets

Raw sugar slips as dollar gains; tight supplies cap losses

May raw sugar fell 1.2% to 16.20 cents per lb.
May London cocoa dipped 0.1% to 1,777 pounds a tonne, having lost 1.6% on Friday to head further away from Wednesday's three-month peak.

Published 08 Mar, 2021 10:03pm

Markets

Robusta coffee prices weaken, cocoa also down

May robusta coffee was down $13, or 0.9%, at $1,393 a tonne.
May London cocoa fell by 13 pounds, or 0.7%, to 1,793 pounds a tonne, extending its retreat from a three-month high of 1,822 pounds set on Wednesday.

Updated 05 Mar, 2021 08:19pm

Markets

Arabica coffee steadies near recent highs, London cocoa gains

May arabica coffee rose 0.5% to $1.3445 per lb.
May London cocoa rose 0.7% to 1,813 pounds per tonne, having hit a three-month high earlier.
May raw sugar fell 0.5% to 16.35 cents per lb.

Published 03 Mar, 2021 05:55pm

Markets

Arabica coffee prices weaken as Brazil currency slides

May arabica coffee was down 1.9 cents, or 1.4%, at $1.3390 per lb .
May London cocoa fell by 9 pounds, or 0.5%, to 1,787 pounds a tonne.
May raw sugar was unchanged at 16.22 cents per lb.

Published 02 Mar, 2021 09:49pm

Markets

Ivory Coast sells almost 100,000 tonnes of 2021/2022 cocoa at small discount

The regulator however maintained a $400/tonne premium known as the living income differential (LID) that was introduced this season to boost farmers' incomes.
A bumper crop and weak global demand caused by the pandemic, coupled with the introduction of the LID, left piles of unsold beans in warehouses in Ivory Coast.

Published 02 Mar, 2021 08:41pm

Markets

London cocoa climbs to 3-month high, sugar also up

May London cocoa rose by 24 pounds, or 1.4%, to 1,792 pounds a tonne.
May raw sugar rose by 0.18 cents, or 1.1%, to 16.63 cents per lb.
May arabica coffee fell by 0.05 cents, or 0.1%, to $1.3745 per lb.

Published 01 Mar, 2021 06:06pm

Markets

Arabica coffee slips as Brazil currency extends fall

May London cocoa rose by 8 pounds, or 0.5%, to 1,757 pounds a tonne, underpinned by sterling weakness against the dollar.
May raw sugar fell by 0.21 cent, or 1.25%, to 16.63 cents per lb, extending its retreat from the almost four-year peak of 17.52 cents set on Tuesday.

Published 26 Feb, 2021 09:30pm

Markets

Cocoa gains, with New York hitting two-month high

May New York cocoa rose 0.9% to $2,577 a tonne.
May arabica coffee rose 1.1% at $1.3880 per lb, after peaking at a more than one year high of $1.3960 on Wednesday.
May raw sugar was little changed at 18.13 cents per lb, having hit a near four-year peak of 17.52 cents set on Tuesday.

Published 25 Feb, 2021 06:26pm

Markets

Sugar extends rally, hitting highest in nearly four years

March raw sugar edged up 0.3% to 18.84 cents per lb.
May arabica coffee edged up 0.3% to $1.3530 per lb.
May London cocoa firmed by 0.1% to 1,839 pounds a tonne.

Published 23 Feb, 2021 07:39pm

Markets

Ivory Coast seeks to sell 100,000 tonnes of cocoa as buyers haggle

There are around 100,000 tonnes of cocoa held by small Ivorian exporters that the CCC is trying to sell, but the problem is that no-one is interested if the differential is not interesting.
Two CCC sources, asking not to be named, confirmed the volumes and the discounts requested by exporters.

Updated 22 Feb, 2021 10:05pm

Markets

Ivory Coast rains revive hopes for a good cocoa crop

Ivory Coast, the world's top cocoa producer, is in the dry season, when little rain tends to fall from mid-November to March.
All the farmers are happy. The ground received a lot of water, which gives us lots of hope for the mid-crop.

Updated 22 Feb, 2021 10:06pm

Markets

Dry weather and heat threaten Ivory Coast's cocoa crop

The soil is becoming dry. We need a good rain before the end of the month or we will have losses.
A prolonged heat wave could worsen the quality of beans during the first three months of the mid-crop, farmers said.

Published 15 Feb, 2021 08:51pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 26	278.40
USD PKR Interbank Buying / Jul 26	278.20
USD to Japanese Yen / Jul 26	153.77
USD to Swiss Franc / Jul 26	0.88
Pound Sterling to USD / Jul 26	1.29
Euro to USD / Jul 26	1.09

Stock	Volume
S&P 500 / Jul 25	5,399.22
Nasdaq / Jul 25	17,181.72
Dow Jones / Jul 25	39,935.07
India Sensex / Jul 26	80,709.64
Tokyo Nikkei / Jul 26	37,865.35
Hang Seng / Jul 26	17,058.55
FTSE 100 / Jul 26	8,255.78
Germany DAX 30 / Jul 26	18,346.62

Item	Value
Crude Oil USD/Barrel / Jul 26	78.38
Karachi Cotton PKR/37.32 KG / Jul 26	17,035
Gold 10 Grams PKR / Jul 26	215,621
Gold Spot USD/Ounce / Jul 26	2,374.19
Cotton US¢/pound / Jul 26	68.62
Petrol/Litre / Jul 27	275.60

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jul 27 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jul 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jul 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jul 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jul 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jul 27 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jul 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jul 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jul 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jul 27 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jul 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jul 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jul 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jul 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jul 27 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jul 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jul 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jul 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jul 27 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jul 27 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jul 27 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jul 27 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jul 27 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jul 27 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jul 27 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jul 27 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jul 27 Telecard Limited(TELE)	12,358,668 ▲ 0.00

Markets →

Calculate your monthly liability in FY24

cocoa crop

Most Popular