Trends - Coffee growers - Business Recorder

Coffee growers

Raw sugar, coffee edge off peaks as markets consolidate

May raw sugar fell 3.5% to 17.32 cents per lb.
July arabica coffee fell 0.1% to $1.4580 per lb, having settled up 1.8% on Tuesday after hitting a high of $1.4630.

Published 28 Apr, 2021 08:29pm

Markets

Mexico coffee leader touts state control of prices to help farmers

Price controls for coffee were mostly abandoned years ago due to the difficulty of reaching global agreements on supply, exposing farmers to sharp price crashes. In 2019, the world's third-largest producer, Colombia, introduced subsidies for coffee growers and, along with Brazil, called for supply caps.
Lopez Obrador has authorized price floors for other agricultural commodities, including Mexico's staple corn, but has to yet to carry through on most of his coffee campaign promises.

Published 12 Apr, 2021 08:54pm

Markets

Colombia’s coffee production up

BOGOTA: Colombia produced 1.05 million 60-kg bags of washed arabica coffee in March, the national coffee federation...

Published 09 Apr, 2021 04:51am

Markets

Nicaraguan coffee farmers brew fresh plans after hurricanes wreck harvests

JINOTEGA, (Nicaragua): Maria Gonzalez, 50, knows that growing coffee in Nicaragua’s northern mountains - as she...

Published 04 Apr, 2021 04:12am

Markets

Vietnam Q1 coffee exports seen down

HANOI: Vietnam’s coffee exports in the first three months of the year are estimated to have fallen 17% from a year...

Published 30 Mar, 2021 05:45am

Markets

Raw sugar futures, coffee rise

LONDON: Raw sugar futures on ICE were higher on Friday, buoyed by a broad-based rebound in financial markets, while...

Published 28 Mar, 2021 04:14am

Markets

Raw sugar prices fall as Brazilian currency weakens

A weaker real encourages Brazilian exporters to sell dollar-priced commodities such as sugar and coffee because it raises their returns in local currency terms.
Dealers noted buying emerged around the day's low of 15.55 cents a lb, a level where it also found support on Friday and in early February.

Published 22 Mar, 2021 08:30pm

Markets

Arabica coffee prices weaken

LONDON: Arabica coffee futures on ICE fell on Wednesday, weighed partly by a further weakening in the currency of ...

Published 18 Mar, 2021 03:56am

Markets

Raw sugar falls, but losses limited by tight supplies

May raw sugar was down 0.9% to 16.21 cents per lb .
May arabica coffee fell 0.7% to $1.3145 per lb, having gained 1.1% on Thursday.
May London cocoa was flat at 1,777 pounds per tonne.

Published 12 Mar, 2021 05:43pm

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

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

Arabica prices seen rising by end-2021 as deficit looms

Arabica prices will end 2021 at $1.35 per pound, up 7.7% from Monday's close (Feb.1) and 5.3% above levels seen at the end of 2020, based on the median forecast of survey participants.
Top producer Brazil enters an off-year in its biennial crop cycle in the upcoming 2021/22 season.

Published 02 Feb, 2021 05:19pm

Markets

Covid restrictions hit Colombian coffee exports

BOGOTA: Colombia, the world’s largest producer of Arabica coffee, exported 1.2 million fewer 60-kilogramme...

Published 28 Jan, 2021 04:40am

Markets

Coffee sales in Brazil at 78pc of 2020 crop, says consultancy

Safras' coffee analyst Gil Barabach said, however, that sales have progressed slowly during the last month.
Even with fine coffee being traded above the good level of 600 reais ($113.67) per bag, producers are in the defensive.

Published 14 Jan, 2021 09:18pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 12	282.73
USD PKR Interbank Buying / Jun 12	282.53
USD to Japanese Yen / Jun 12	143.91
USD to Swiss Franc / Jun 12	0.82
Pound Sterling to USD / Jun 12	1.35
Euro to USD / Jun 12	1.15
UK LIBOR % / Jun 11	4.96

Stock	Volume
S&P 500 / Jun 11	6,022.24
Nasdaq / Jun 11	19,615.88
Dow Jones / Jun 11	42,865.77
India Sensex / Jun 12	82,355.26
Tokyo Nikkei / Jun 12	38,173.09
Hang Seng / Jun 12	24,037.41
FTSE 100 / Jun 12	8,864.73
Germany DAX 30 / Jun 12	23,697.86
France CAC40 / Jun 12	7,718.48

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 11	16,985
Gold 10 Grams PKR / Jun 11	302,554
Petrol/Litre / Jun 12	253.63
Crude Oil USD/Barrel / Jun 12	67.42
Gold Spot USD/Ounce / Jun 12	3,343.62
Diesel/Litre / Jun 12	254.64
Cotton US¢/pound / Jun 12	67.28

Gainers
Losers
Leaders

Stock	Price
Invest Bank / Jun 12 Invest Capital Investment Bank Limited(ICIBL)	6.11 ▲ 1 (19.57%)
Grays Leasing / Jun 12 Grays Leasing Limited(GRYL)	6.61 ▲ 1 (17.83%)
Dewan Farooque Sp. / Jun 12 Dewan Farooque Spinning Mills Limited(DFSM)	5.21 ▲ 0.53 (11.32%)
Apna Microfin. / Jun 12 Apna Microfinance Bank Limited(AMBL)	10.64 ▲ 0.97 (10.03%)
Sardar Chemical / Jun 12 Sardar Chemical Industries Limited(SARC)	70.80 ▲ 6.44 (10.01%)
Saif Textile / Jun 12 Saif Textile Mills Limited(SAIF)	17.25 ▲ 1.57 (10.01%)
Shadman Cotton / Jun 12 Shadman Cotton Mills Limited(SHCM)	43.07 ▲ 3.92 (10.01%)
Bannu Woollen / Jun 12 Bannu Woollen Mills Limited(BNWM)	44.41 ▲ 4.04 (10.01%)
First Elite Cap.Mod / Jun 12 First Elite Capital Modaraba(FECM)	42.20 ▲ 3.84 (10.01%)
Nets Internat.Comm. / Jun 12 Nets International Communication Limited(GEMNETS)	28.50 ▲ 2.59 (10%)

Stock	Price
PIA Holding Co.B / Jun 12 PIA Holding Company Limited B(PIAHCLB)	20,987.89 ▼ -2331.99 (-10%)
Khyber Textile / Jun 12 Khyber Textile Mills Limited(KHYT)	1,993.94 ▼ -221.55 (-10%)
Otsuka Pakistan / Jun 12 Otsuka Pakistan Limited(OTSU)	398.57 ▼ -42.15 (-9.56%)
Ideal Spinning / Jun 12 Ideal Spinning Mills Limited(IDSM)	14.54 ▼ -1.45 (-9.07%)
First Capital Equities / Jun 12 First Capital Equities Limited(FCEL)	4.01 ▼ -0.39 (-8.86%)
Pak Paper Prod / Jun 12 Pakistan Paper Products Limited(PPP)	158.38 ▼ -12.76 (-7.46%)
Chenab Ltd / Jun 12 Chenab Limited(CHBL)	6.17 ▼ -0.49 (-7.36%)
Hinopak Motor / Jun 12 Hinopak Motors Limited(HINO)	374.16 ▼ -28.7 (-7.12%)
Zahid Jee Textile / Jun 12 Zahidjee Textile Mills Limited(ZAHID)	27.06 ▼ -1.99 (-6.85%)
ECOPACK Ltd / Jun 12 Ecopack Limited(ECOP)	85.11 ▼ -6.09 (-6.68%)

Stock	Volume
Sui South Gas / Jun 12 Sui Southern Gas Company Limited(SSGC)	55,899,181 ▲ 0.78
Fauji Cement / Jun 12 Fauji Cement Company Limited(FCCL)	50,597,576 ▲ 0.49
WorldCall Telecom / Jun 12 Worldcall Telecom Limited(WTL)	49,327,936 ▼ -0.08
Pervez Ahmed Consultancy / Jun 12 Pervez Ahmed Consultancy Services Ltd.(PASL)	49,092,533 ▼ -0.07
Maple Leaf Cement / Jun 12 Maple Leaf Cement Factory Limited(MLCF)	40,260,789 ▲ 0.74
K-Electric Ltd. / Jun 12 K-Electric Limited(KEL)	38,519,154 ▼ -0.24
Invest Bank / Jun 12 Invest Capital Investment Bank Limited(ICIBL)	38,443,385 ▲ 1
Dewan Cement / Jun 12 Dewan Cement Limited(DCL)	27,852,990 ▼ -0.43
Kohinoor Spining / Jun 12 Kohinoor Spinning Mills Limited(KOSM)	26,083,851 ▼ -0.18
Treet Corp / Jun 12 Treet Corporation Limited(TREET)	24,336,515 ▼ -0.27

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