Trends - Cocoa - Business Recorder

Cocoa

Cocoa prices decline further; robusta coffee also down

LONDON: London cocoa futures on ICE were lower on Friday and on track for a weekly loss of about 28%, though the ...

Published 05 May, 2024 02:54am

Markets

Cocoa futures fall nearly 10pc

NEW YORK: Cocoa futures prices on ICE lost nearly 10% this week, as failure to go higher drove the market to some...

Published 28 Apr, 2024 02:56am

Markets

Ivory Coast 2023/24 cocoa arrivals down 28% by April 14

ABIDJAN: Main-crop cocoa arrivals at ports in top grower Ivory Coast since the start of the season on Oct. 1 had...

Published 15 Apr, 2024 03:06pm

Markets

Robusta coffee futures ease, cocoa prices climb

LONDON: Robusta coffee futures on ICE eased slightly on Friday but were still on track for a sixth successive weekly...

Published 07 Apr, 2024 03:01am

Markets

New York cocoa prices hit record high, raw sugar also up

NEW YORK: New York cocoa futures on ICE were up around 3% on Monday to a record high as the market for the...

Published 01 Apr, 2024 09:49pm

Markets

Cocoa rally and market tumult hoist systematic hedge funds ahead of their peers

LONDON: Record cocoa prices and markets whipped around by inflation and geopolitics helped hedge funds using...

Published 25 Mar, 2024 01:33pm

Markets

Cocoa futures hit record highs on supply woes

LONDON: London and New York cocoa futures on ICE rose to fresh record highs on Monday as crop woes in both Ivory...

Published 27 Feb, 2024 03:06am

Markets

Ghana’s Cocobod taps $200m World Bank loan to rebuild disease-hit cocoa farms

ACCRA: Ghana’s Cocobod will use part of a $200 million World Bank loan to rehabilitate plantations destroyed by ...

Published 18 Feb, 2024 03:01am

Markets

Cocoa steadies near record peaks

LONDON: Cocoa futures on the ICE exchange steadied on Tuesday after a blistering rally to successive record peaks...

Published 14 Feb, 2024 02:34am

Markets

London cocoa climbs to record high

LONDON: London cocoa futures on ICE hit a record high on Wednesday, extending the market’s prolonged advance on...

Published 01 Feb, 2024 04:52am

Markets

Raw sugar hits 3-1/2 month low, coffee slides

LONDON: Raw sugar futures on ICE hit a 3-1/2 month low on Monday, pressured by surging supplies in top producer...

Published 04 Dec, 2023 05:46pm

Markets

Ivory Coast 2023/24 cocoa arrivals seen at 350,000 T by Nov 12

ABIDJAN: Cocoa arrivals at ports in top grower Ivory Coast had reached 350,000 tonnes by Nov. 12 since the start of...

Published 13 Nov, 2023 02:03pm

Markets

Cocoa consolidates near record highs

LONDON: London cocoa futures on ICE consolidated near record highs on Friday following disappointing data on demand...

Published 22 Oct, 2023 03:20am

Markets

Arabica coffee, cocoa gain

NEW YORK: Arabica coffee futures on ICE ended the week with a net gain of 6% after a strong advance on Friday when...

Published 15 Oct, 2023 03:19am

Markets

March raw sugar up

LONDON: March raw sugar edged up 0.1% to 26.50 cents per lb, having hit a recent 12-year high. The October contract...

Published 03 Oct, 2023 06:02am

Markets

Ivory Coast CCC regulator closes it’s cocoa contracts for 2023/24 season

ABIDJAN: Ivory Coast’s Cocoa and Coffee Council (CCC) regulator has closed its cocoa bean contract sales for the...

Published 12 Sep, 2023 06:22am

Markets

London cocoa hits fresh 46-year high

NEW YORK: London cocoa futures on ICE rose to a new 46-year high on Friday, gaining 4% in the week, as...

Published 10 Sep, 2023 03:20am

Markets

Rains help strengthen Ivory Coast cocoa main crop

ABIDJAN: Above-average rain in most of Ivory Coast’s main cocoa growing regions last week helped the...

Published 08 Aug, 2023 06:37am

Markets

New York cocoa steadies after scaling 12-year peaks

LONDON: New York cocoa futures on ICE steadied off recent 12-year peaks on Thursday but headed for gains of 4% this...

Published 29 Jul, 2023 05:28am

Markets

Cocoa slips off multi-year peaks as demand wanes

NEW YORK: Cocoa futures on the ICE exchange fell on Thursday, edging away from multi-year and multi-decade peaks as...

Published 21 Jul, 2023 06:38am

Markets

NY cocoa holds near recent 12-year peak

LONDON: New York cocoa futures on ICE were hovering just below the previous session’s 12-year peak on Wednesday,...

Published 20 Jul, 2023 03:12am

Markets

Raw sugar falls as market consolidates; cocoa gains

LONDON: Raw sugar futures on the ICE exchange fell on Monday as the market consolidated recent gains linked to...

Published 17 Jul, 2023 07:03pm

Markets

London cocoa hits new 46-year high

LONDON: London cocoa futures on ICE hit their highest since the 1970s on Wednesday, scaling the landmark peak for ...

Published 29 Jun, 2023 04:19am

Markets

Arabica coffee hits 6-month low, robusta edges away from record high

LONDON: Arabica coffee futures on ICE hit six-month lows on Friday as concerns over supply in top producer Brazil...

Published 23 Jun, 2023 07:41pm

Markets

Ivory Coast rubber exports fall

ABIDJAN: Ivory Coast exported 434,702 tonnes of natural rubber from January to April, down 3.2% from the same period...

Published 02 Jun, 2023 03:56am

Markets

NY cocoa may drop into $2,989-3,002 range

SINGAPORE: New York July cocoa may drop into a range of $2,989-3,002 per tonne, as suggested by a riding...

Published 24 May, 2023 12:53pm

Markets

Cocoa hits 6-1/2-year highs

NEW YORK/LONDON: Cocoa futures on ICE hit fresh 6-1/2-year highs on Friday as investors focused on concerns over...

Published 15 May, 2023 06:41am

Markets

Raw sugar futures on ICE make gains

LONDON: Raw sugar futures on ICE rose on Friday, heading back towards last week’s multi-year highs on still tight...

Published 07 May, 2023 03:21am

Markets

Cocoa climbs to 6-1/2-year peak on tight supplies

LONDON: Cocoa futures on ICE rose to 6-1/2 year highs on Friday boosted by tight supplies, while robusta coffee and...

Published 16 Apr, 2023 03:36am

Markets

NY cocoa may briefly touch $2,943 and fall

SINGAPORE: New York May cocoa may briefly touch $2,943 per tonne, and turn around to fall towards the $2,889-$2,909...

Published 31 Mar, 2023 10:20am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 15	278.43
USD PKR Interbank Buying / May 15	278.23
USD to Japanese Yen / May 15	156.28
USD to Swiss Franc / May 15	0.91
Pound Sterling to USD / May 15	1.26
Euro to USD / May 15	1.08

Stock	Volume
S&P 500 / May 14	5246.68
Nasdaq / May 14	16511.18
Hang Seng / May 14	19073.71
FTSE 100 / May 14	8428.13
Dow Jones / May 14	39558.11
Germany DAX 30 / May 14	18716.42
France CAC40 / May 14	8225.80
India Sensex / May 15	73025.23

Item	Value
Karachi Cotton PKR/37.32 KG / May 14	19935
Gold 10 Grams PKR / May 14	207733
Petrol/Litre / May 15	288.49
Crude Oil USD/Barrel / May 15	78.55
Gold Spot USD/Ounce / May 15	2361.55
Diesel/Litre / May 15	281.96

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 15 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 15 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 15 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 15 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 15 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 15 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 15 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 15 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 15 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 15 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 15 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 15 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 15 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 15 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 15 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 15 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 15 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 15 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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