Trends - sugar demand - Business Recorder

sugar demand

Coffee, cocoa and sugar retreat amid selloff in oil and equities

September arabica coffee fell 2.6% to $1.5720 per lb, reversing Friday's gain of 2.7%
September London cocoa fell 0.9% to 1,627 pounds a tonne

Published 19 Jul, 2021 06:09pm

Markets

Sugar gains as frost damage assessments loom

October raw sugar rose 1.6% to 18.23 cents per lb.
September arabica coffee fell 0.3% to $1.5595 per lb, having hit its highest since early June on Thursday.

Published 02 Jul, 2021 07:39pm

Markets

Arabica coffee hits 3-week high on Brazil frost fears

September arabica coffee was up 0.3% at $1.6310 per lb.
September robusta coffee slipped 0.3% to $1,706 a tonne.

Published 29 Jun, 2021 04:59pm

Pakistan

Pakistan gets offers in 100,000 tonnes white sugar tender

Lowest offer was believed to have been submitted by Al Khaleej Sugar.
Only one other offer in the tender was reported, from Wilmar at $534.40 a tonne c&f

Updated 28 Jun, 2021 07:11pm

Markets

Arabica coffee prices soften; raw sugar also down

July arabica coffee fell by 0.95 cents, or 0.6%, to $1.6020 per lb.
July raw sugar fell by 0.17 cents, or 1%, to 17.51 cents per lb.
September New York cocoa rose by $16, or 0.65%, to $2,482 a tonne.

Published 03 Jun, 2021 08:27pm

Markets

Indian mills sign sugar export deals without government subsidy

Mills sell 150,000 tonnes sugar without subsidy.
India exports could jump to a record 6.5mn tonnes.
Exports could increase further if global prices rise.

Published 26 May, 2021 08:11pm

Markets

Arabica hits four-year highs amid tightening supplies

July arabica coffee rose 1.2% to $1.5265 per lb.
July raw sugar rose 0.7% to 17.07 cents per lb.
July London cocoa fell 0.5% to 1,643 pounds per tonne.

Published 20 May, 2021 08:41pm

Markets

Arabica coffee hits 4-year high, sugar also rises

July arabica coffee was up 0.35 cent, or 0.2%, at $1.5020 per lb.
May raw sugar was up 0.13 cent, or 0.7%, at 17.66 cents per lb after setting a contract high of 17.89 cents.

Published 06 May, 2021 08:35pm

Markets

Arabica coffee climbs, raw sugar also rises

July arabica coffee was up 1.8 cents, or 1.3%, at $1.4205 per lb .
May raw sugar was up 0.37 cents, or 2.2%, at 17.10 cents per lb.
July New York cocoa rose by $8, or 0.3%, to $2,377 a tonne.

Published 04 May, 2021 05:54pm

Markets

Astarta, Ukraine major sugar producer, completes 2021 sugar sowing

Astarta harvested around 1.5 million tonnes of sugar beet in 2020, refining 226,000 tonnes of white sugar and keeping 22% of the market share.
Ukraine produced around 1 million tonnes of white sugar from the 2020 beet harvest.

Published 30 Apr, 2021 04:27pm

Markets

Asian food trader Wilmar sees Brazil sugar output falling sharply

Wilmar expects Brazil's center-south cane crop to fall to 530 million tonnes in 2021/22, compared with 605 million tonnes in the previous season, with sugar production dropping to 31 million to 33 million tonnes from 38.5 million tonnes.
Raw sugar prices jumped more than 3% in New York this morning, underpinned by bad weather for crops in Europe and in Brazil.

Published 20 Apr, 2021 07:48pm

Markets

India's sugar demand falters during peak season due to COVID-19 curbs

The second wave of coronavirus has been disrupting the market during the peak demand season. Purchases by bulk buyers have been falling.
Sugar demand, which usually rises by more than 1% each year, fell 0.8% in 2019/20 to 25.3 million tonnes because of one of the world's strictest lockdowns imposed last year in March.

Published 19 Apr, 2021 06:30pm

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jun 26 786 Investments Limited(786)	4.99 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jun 26 Al-Abbas Sugar Mills Limited(AABS)	269.86 ▼ 0.00 (0.00%)
Agro Allianz / Jun 26 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 26 Allied Bank Limited(ABL)	68.99 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 26 Abbott Laboratories (Pakistan) Limited(ABOT)	637.11 ▼ 0.00 (0.00%)
Abson Ind. / Jun 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jun 26 Alfalah Consumer Index ETF.(ACIETF)	7.70 ▼ 0.00 (0.00%)
Attock Cement / Jun 26 Attock Cement Pakistan Limited(ACPL)	69.85 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jun 26 786 Investments Limited(786)	4.99 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jun 26 Al-Abbas Sugar Mills Limited(AABS)	269.86 ▼ 0.00 (0.00%)
Agro Allianz / Jun 26 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 26 Allied Bank Limited(ABL)	68.99 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 26 Abbott Laboratories (Pakistan) Limited(ABOT)	637.11 ▼ 0.00 (0.00%)
Abson Ind. / Jun 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jun 26 Alfalah Consumer Index ETF.(ACIETF)	7.70 ▼ 0.00 (0.00%)
Attock Cement / Jun 26 Attock Cement Pakistan Limited(ACPL)	69.85 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 24	207.70
USD PKR Interbank Buying / Jun 24	207.50
USD to Japanese Yen / Jun 24	135.23
USD to Swiss Franc / Jun 24	0.96
Pound Sterling to USD / Jun 24	1.23
Euro to USD / Jun 24	1.06
UK LIBOR % / Jun 24	1.57

Stock	Volume
S&P 500 / Jun 24	3911.74
India Sensex / Jun 24	52727.98
Tokyo Nikkei / Jun 24	26491.97
Nasdaq / Jun 24	11607.62
Hang Seng / Jun 24	21719.06
FTSE 100 / Jun 24	7208.81
Dow Jones / Jun 24	31500.68
Germany DAX 30 / Jun 24	13118.13
France CAC40 / Jun 24	6073.35

Item	Value
Crude Oil USD/Barrel / Jun 24	107.62
Karachi Cotton PKR/37.32 KG / Jun 24	21180.00
Gold 10 Grams PKR / Jun 24	122300.00
Gold Spot USD/Ounce / Jun 24	1826.88
Cotton US¢/pound / Jun 24	98.05

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