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 / Apr 25	278.52
USD PKR Interbank Buying / Apr 25	278.32
USD to Japanese Yen / Apr 25	155.60
USD to Swiss Franc / Apr 25	0.91
Pound Sterling to USD / Apr 25	1.25
Euro to USD / Apr 25	1.07

Stock	Volume
S&P 500 / Apr 24	5070.63
Nasdaq / Apr 24	15712.75
Dow Jones / Apr 24	38460.92
India Sensex / Apr 25	73780.80
Tokyo Nikkei / Apr 25	37628.48
Hang Seng / Apr 25	17264.90
FTSE 100 / Apr 25	8077.84
Germany DAX 30 / Apr 25	17994.97

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 23	21035
Gold 10 Grams PKR / Apr 23	213220
Crude Oil USD/Barrel / Apr 25	83.02
Gold Spot USD/Ounce / Apr 25	2325.45
Cotton US¢/pound / Apr 25	80.89
Petrol/Litre / Apr 26	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 26 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 26 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 26 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 26 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 26 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 26 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 26 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 26 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 26 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 26 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 26 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 26 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 26 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 26 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 26 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 26 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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