Trends - Sugar - Business Recorder

Sugar

India’s Oct-Nov sugar output drops as mills start late

MUMBAI: Indian mills have produced 4.32 million metric tons of sugar since the current season began on Oct. 1, down...

Published 01 Dec, 2023 02:58pm

Business & Finance

Sugar mills: FBR monitoring teams deputed

ISLAMABAD: The monitoring teams of the Federal Board of Revenue’s (FBR) field formations have been deputed on sugar...

Published 30 Nov, 2023 04:53am

FBR gets data of unregistered sugar buyers

ISLAMABAD: The Federal Board of Revenue (FBR) has obtained data of unregistered buyers of sugar from Sales Tax...

Updated 29 Nov, 2023 08:53am

Pakistan

Stay orders by courts: Implementation of CCP’s orders in key sectors remain suspended

ISLAMABAD: The implementation of the Competition Commission of Pakistan (CCP)’s enquiries/orders in key sectors...

Published 23 Nov, 2023 03:19am

Business & Finance

Experts for Chinese help in promotion of sugar industry

ISLAMABAD: Amid the urgent need for adoption of modern technology, agriculture experts urged for joining hands with...

Published 19 Nov, 2023 03:14am

Business & Finance

Govt urged to allow export of surplus sugar

LAHORE: Sugar millers from Punjab have asked the federal ministry of industries and production to allow immediate...

Published 17 Nov, 2023 06:06am

CCP struggling to recover Rs44bn penalty amount

ISLAMABAD: The Competition Commission of Pakistan (CCP) is facing a prolonged delay in the recovery of Rs 44 billion...

Updated 14 Nov, 2023 08:16am

Markets

Brazil’s port congestion to worsen sugar supply

SAO PAULO: The congestion at the main Brazilian ports for agricultural commodities exports could exacerbate ...

Published 29 Oct, 2023 03:25am

Markets

LTO Karachi secures 1.9m metric tons of sugar

KARACHI: The Large Taxpayers Office (LTO) in Karachi has successfully secured 1.9 million metric tons of sugar from...

Published 14 Oct, 2023 05:32am

Markets

Sugar prices hit 13-year high due to El Nino fallout: FAO

PARIS: Global sugar prices soared to their highest level in almost 13 years in September as the El Nino weather...

Published 06 Oct, 2023 01:38pm

Markets

China to hold first reserve sugar sale in seven years

BEIJING: China will hold an auction of its first sale of state sugar reserves since 2016 next week amid tightening...

Published 24 Sep, 2023 03:21am

Editorials

The complicated truth about sugar

EDITORIAL: Finally, the story of long simmering tensions between the Punjab government and sugar mills has a happy...

Published 19 Sep, 2023 06:31am

Punjab to provide cheaper sugar at utility stores

LAHORE: The Punjab government has decided to provide cheap sugar at utility stores across the province, it emerged...

Updated 17 Sep, 2023 09:23am

Markets

India tightens wheat stocks limits, no plan to axe import tax

NEW DELHI: India will reduce the limit on the amount of wheat stocks that traders and millers can hold but it has no...

Published 15 Sep, 2023 10:05am

Markets

Cristal Union invites French farmers to go back to sugar beet

PARIS: French farmers should consider turning back to sugar beet in 2024 after a drop in planted area in recent...

Published 14 Sep, 2023 06:07am

Markets

Sugar output in India’s Maharashtra set to fall to lowest in 4 years after dry August

MUMBAI: Sugar output in Maharashtra, India’s top producing state, is likely to fall 14% in the 2023/24 crop year to...

Published 13 Sep, 2023 01:29pm

Pakistan

PKI irked by procurement of sugar at higher price

LAHORE: The Pakistan Kissan Ittehad (PKI) has expressed utter shock over procurement of sugar at a higher price of...

Published 12 Sep, 2023 06:22am

Markets

Prices of essential food items depict a mixed trend

PESHAWAR: Mixed trend in prices of essential food commodities, including sugar, flour, vegetables, pulses and others...

Published 11 Sep, 2023 06:32am

Business & Finance

CCP says strictly monitoring ongoing sugar situation

ISLAMABAD: The Competition Commission of Pakistan (CCP) is strictly monitoring the ongoing sugar “crisis” in the...

Updated 08 Sep, 2023 09:20am

Business & Finance

PSMA Punjab enumerates reasons behind steep rise in sugar prices

LAHORE: Dispelling the impression that sugar prices are increasing in the domestic market due to shortage, Pakistan...

Published 01 Sep, 2023 05:41am

Last six months: Sugar moguls pocketed Rs260bn in profit: PTI

ISLAMABAD: Lashing out at the former Pakistan Democratic Movement (PDM) government for opening the floodgate of...

Updated 01 Sep, 2023 09:09am

Smuggling of sugar, urea: Finally, caretaker setup swings into action

ISLAMABAD: Caretaker Interior Minister Sarfraz Ahmad Bugti, on Thursday, directed the concerned department to make...

Updated 01 Sep, 2023 08:42am

BR Research

‘You say you want exports’

No, this is no plea insisting how sugar industry has been wronged by the latest ban on exports. In fact, chances are...

Published 31 Aug, 2023 07:53am

Markets

White sugar prices hit 12-year high on supply concerns

LONDON: White sugar prices on ICE rose to a 12-year high on Wednesday, buoyed by the prospect of tightening supplies...

Published 30 Aug, 2023 07:29pm

ECC meeting chaired by Shamshad asks food ministry to help check smuggling, hoarding of sugar

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has directed the Ministry of National Food...

Updated 29 Aug, 2023 08:37am

Markets

India set to ban sugar exports for first time in 7 years

MUMBAI/NEW DELHI: India is expected to ban mills from exporting sugar in the next season beginning October, halting...

Published 24 Aug, 2023 06:22am

Pakistan

Illegal stock of sugar recovered

MUZAFFARGARH: District administration recovered illegal stock of sugar and recovered 5000 bags during a special raid...

Published 20 Aug, 2023 03:20am

Sindh fixes sugarcane minimum price at Rs425/ maund

KARACHI Agriculture, Supply & Prices Department, Government of Sindh, has fixed the minimum price of Sugarcane @...

Updated 19 Aug, 2023 09:50am

Markets

India sugar output may fall on weak rains

MUMBAI: India’s sugar production could fall 3.3% to 31.7 million metric tonnes in the 2023/24 marketing year, ...

Published 03 Aug, 2023 05:54am

Business & Finance

Sugar mills directed to lift stocks within 3 days

LAHORE: The Cane Commissioner Punjab termed unprecedented increase in sugar prices a result of the trading of stocks...

Published 01 Aug, 2023 06:19am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 2 786 Investments Limited(786)	5.85 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 2 Al-Abbas Sugar Mills Limited(AABS)	501.13 ▼ 0.00 (0.00%)
Agro Allianz / Dec 2 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Dec 2 Allied Bank Limited(ABL)	85.40 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 2 Abbott Laboratories (Pakistan) Limited(ABOT)	481.25 ▼ 0.00 (0.00%)
Abson Ind. / Dec 2 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 2 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▼ 0.00 (0.00%)
Attock Cement / Dec 2 Attock Cement Pakistan Limited(ACPL)	96.07 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 2 786 Investments Limited(786)	5.85 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 2 Al-Abbas Sugar Mills Limited(AABS)	501.13 ▲ 0.00 (0.00%)
Agro Allianz / Dec 2 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Dec 2 Allied Bank Limited(ABL)	85.40 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 2 Abbott Laboratories (Pakistan) Limited(ABOT)	481.25 ▲ 0.00 (0.00%)
Abson Ind. / Dec 2 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 2 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▲ 0.00 (0.00%)
Attock Cement / Dec 2 Attock Cement Pakistan Limited(ACPL)	96.07 ▲ 0.00 (0.00%)

Stock	Volume
Maple Leaf Cement / Dec 2 Maple Leaf Cement Factory Limited(MLCF)	43,072,746 ▲ 0.00
Pak Elektron / Dec 2 Pak Elektron Limited(PAEL)	39,797,114 ▲ 0.00
Fauji Fert Bin / Dec 2 Fauji Fertilizer Bin Qasim Limited(FFBL)	27,568,000 ▲ 0.00
Fauji Cement / Dec 2 Fauji Cement Company Limited(FCCL)	27,255,000 ▲ 0.00
Hum Network / Dec 2 Hum Network Limited(HUMNL)	22,004,000 ▲ 0.00
WorldCall Telecom / Dec 2 Worldcall Telecom Limited(WTL)	17,256,413 ▲ 0.00
D.G.K.Cement / Dec 2 D.G. Khan Cement Company Limited(DGKC)	14,240,764 ▲ 0.00
Air Link Com. / Dec 2 Air Link Communication Limited(AIRLINK)	13,542,140 ▲ 0.00
Dewan Cement / Dec 2 Dewan Cement Limited(DCL)	12,062,500 ▲ 0.00
K-Electric Ltd. / Dec 2 K-Electric Limited(KEL)	10,296,343 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 1	285.15
USD PKR Interbank Buying / Dec 1	284.95
USD to Japanese Yen / Dec 1	146.82
USD to Swiss Franc / Dec 1	0.87
Pound Sterling to USD / Dec 1	1.27
Euro to USD / Dec 1	1.09
UK LIBOR % / Dec 1	5.46

Stock	Volume
S&P 500 / Dec 1	4594.63
India Sensex / Dec 1	67481.19
Tokyo Nikkei / Dec 1	33431.51
Nasdaq / Dec 1	14305.03
Hang Seng / Dec 1	16830.30
FTSE 100 / Dec 1	7529.35
Dow Jones / Dec 1	36245.50
Germany DAX 30 / Dec 1	16397.52
France CAC40 / Dec 1	7346.15

Item	Value
Crude Oil USD/Barrel / Dec 1	74.07
Karachi Cotton PKR/37.32 KG / Dec 1	17235
Gold 10 Grams PKR / Dec 1	189043
Gold Spot USD/Ounce / Dec 1	2072.22
Cotton US¢/pound / Dec 1	79.42

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