Trends - sugar exports - Business Recorder

sugar exports

Cocoa, coffee, sugar prices slide as markets remain rattled by Trump tariffs

LONDON: World cocoa, coffee and sugar prices slid again on Friday as markets remained rattled by U.S. president...

Published 04 Apr, 2025 07:24pm

Markets

Food minister rebuts reports about sugar price discrepancies

Federal Minister for National Food Security and Research Rana Tanveer Hussain on Tuesday refuted concerns regarding...

Updated 25 Mar, 2025 10:26pm

BR Research

Sugar: the shock is temporary

Repeat after me: in an industry where producers engage only in opportunistic exports — and where the domestic market...

Published 21 Mar, 2025 07:05am

BR Research

Pakistan’s CA: A fragile balance

The current account was nearly balanced in February, posting a deficit of only $12 million compared to a deficit of...

Published 19 Mar, 2025 07:06am

Markets

Cocoa hits 4-month low, falls below $8,000/tons

LONDON: Cocoa futures on the ICE exchange hit four-month lows on Friday and headed for 3% losses for the week, amid...

Published 14 Mar, 2025 07:44pm

Business & Finance

PSMA denies increase in sugar prices due to exports

LAHORE: Pakistan Sugar Mills Association (Punjab Zone) spokesman has said that sugar prices in the market have not...

Published 14 Mar, 2025 07:46am

Business & Finance

PSMA Punjab denies surge in sugar prices due to exports

LAHORE: The Pakistan Sugar Mills Association (PSMA) Punjab Zone has denied that the current surge in sugar prices is...

Published 07 Mar, 2025 05:45am

$120m earned through export of surplus sugar

ISLAMABAD: The country has earned approximately $120 million through the export of surplus sugar, according to the...

Updated 31 Oct, 2024 09:36am

Export of 0.5m tons of sugar: Banks authorised to process cases

KARACHI: In accordance with federal government directives, the State Bank of Pakistan (SBP) has authorized banks to...

Updated 17 Oct, 2024 09:02am

Business & Finance

ECC allows additional export of surplus sugar

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet allowed additional export of 0.500 million MT of...

Published 12 Oct, 2024 06:17am

Markets

ECC allows additional export of 500,000 MT of surplus sugar

Decision taken in view of availability of sufficient surplus stocks, Finance Division says

Updated 11 Oct, 2024 10:36pm

Conditional export of sugar allowed

ISLAMABAD: The Sugar Advisory Board (SAB) meeting, on Tuesday, decided to conditionally allow export of 500,000 tons...

Updated 09 Oct, 2024 08:49am

Sugar export to Afghanistan: Banks directed to ensure 100pc advance payment

Measure aims to enhance transparency and safeguard the timely collection of export payments, particularly in trade with Afghanistan

Updated 02 Oct, 2024 03:05pm

BR Research

De-regulating the sugar industry: do not drop the ball again

The sugar industry is in trouble, but it need not morph into a crisis. Last week, the industry association wrote a...

Updated 30 Sep, 2024 01:24pm

ECC grants conditional approval to sugar export to Tajikistan

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet granted conditional approval for export of...

Updated 21 Sep, 2024 02:46pm

Markets

Domestic borrowing: govt to borrow on its own terms, says Aurangzeb

Finance minister urges banking system to focus on lending to private sector

Updated 20 Sep, 2024 10:46pm

Extension given in sugar export shipment

KARACHI: Following the directives of the federal government, the State Bank of Pakistan (SBP) has allowed 15 days...

Updated 07 Sep, 2024 08:50am

Editorials

Dilemma of sugar exports

EDITORIAL: Contrary to the widely-held belief that players within the sugar industry are some of the most ...

Published 26 Jul, 2024 06:21am

Business & Finance

Increase in sugar price: Minister seeks report from cane commissioner

ISLAMABAD: Federal Minister for Industries and Production Rana Tanveer Hussain has sought report from the provincial...

Published 24 Jul, 2024 05:38am

Sugar export: 100pc receipt of export proceeds in advance made mandatory

KARACHI: The State Bank of Pakistan (SBP) has linked the export of sugar with 100 percent receipt of export proceeds...

Updated 03 Jul, 2024 09:23am

Sugar exports: PSMA (Punjab Zone) denies reports

LAHORE: Pakistan Sugar Mills Association (Punjab Zone) strongly denies reports that the government has refused to...

Updated 30 Apr, 2024 09:24am

Markets

Pakistan govt disallows sugar export till season-end assessment: Dr Gohar Ejaz

Caretaker Federal Minister for Commerce & Industries Dr Gohar Ejaz on Wednesday said that the government will...

Updated 22 Nov, 2023 10:42pm

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

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

Business & Finance

Industry intimated: No non-budgeted subsidy on sugar export: MoF

ISLAMABAD: The Ministry of Finance (MoF) has conveyed to the country’s sugar industry that no non-budgeted subsidy...

Published 23 Mar, 2023 05:47am

Sugar export: Shipment period extended on exporters’ plea

Business & Finance

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 16	283.37
USD PKR Interbank Buying / Jun 16	283.17
USD to Japanese Yen / Jun 17	144.76
USD to Swiss Franc / Jun 17	0.81
Pound Sterling to USD / Jun 17	1.36
Euro to USD / Jun 17	1.16
UK LIBOR % / Jun 14	4.96

Stock	Volume
S&P 500 / Jun 14	5,976.97
Nasdaq / Jun 14	19,406.83
Dow Jones / Jun 14	42,197.79
India Sensex / Jun 17	81,649.49
Tokyo Nikkei / Jun 17	38,502.10
Hang Seng / Jun 17	23,945.81
FTSE 100 / Jun 17	8,845.59
Germany DAX 30 / Jun 17	23,441.60
France CAC40 / Jun 17	7,694.59

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 16	16,785
Gold 10 Grams PKR / Jun 16	310,613
Petrol/Litre / Jun 17	258.43
Crude Oil USD/Barrel / Jun 17	72.01
Gold Spot USD/Ounce / Jun 17	3,388.42
Diesel/Litre / Jun 17	262.59
Cotton US¢/pound / Jun 17	67.96

Gainers
Losers
Leaders

Stock	Price
Cresent Jute / Jun 17 Crescent Jute Products Limited(CJPL)	5.57 ▲ 1 (21.88%)
First Dawood Prop. / Jun 17 First Dawood Properties Limited(FDPL)	4.55 ▲ 0.67 (17.27%)
Gulistan Sp. / Jun 17 Gulistan Spinning Mills Limited(GUSM)	9.28 ▲ 1 (12.08%)
Power Cem(Pref) / Jun 17 Power Cement (Pref)(POWERPS)	18.98 ▲ 1.73 (10.03%)
Merit Packaging / Jun 17 Merit Packaging Limited(MERIT)	14.92 ▲ 1.36 (10.03%)
Service Textile / Jun 17 Service Industries Textiles Limited(SERT)	17.88 ▲ 1.63 (10.03%)
MACPAC Films / Jun 17 MACPAC Films Limited(MACFL)	26.81 ▲ 2.44 (10.01%)
Bannu Woollen / Jun 17 Bannu Woollen Mills Limited(BNWM)	57.71 ▲ 5.25 (10.01%)
Shadman Cotton / Jun 17 Shadman Cotton Mills Limited(SHCM)	57.33 ▲ 5.21 (10%)
Pak Datacom / Jun 17 Pak Datacom Limited(PAKD)	378.26 ▲ 34.39 (10%)

Stock	Price
Unicap Modaraba / Jun 17 Unicap Modaraba(UCAPM)	3.86 ▼ -0.74 (-16.09%)
Ist.Capital Sec / Jun 17 First Capital Securities Corporation(FCSC)	3.31 ▼ -0.54 (-14.03%)
First Prudential Mod. / Jun 17 First Prudential Modaraba(PMI)	3.87 ▼ -0.52 (-11.85%)
Sardar Chemical / Jun 17 Sardar Chemical Industries Limited(SARC)	77.10 ▼ -8.57 (-10%)
Pakgen Power / Jun 17 Pakgen Power Limited(PKGP)	237.39 ▼ -26.38 (-10%)
PIA Holding Co.B / Jun 17 PIA Holding Company Limited B(PIAHCLB)	15,300.17 ▼ -1700.02 (-10%)
Hala Enterprise / Jun 17 Hala Enterprises Limited(HAEL)	24.86 ▼ -2.76 (-9.99%)
Calcorp Ltd / Jun 17 Calcorp Limited(CASH)	43.34 ▼ -4.8 (-9.97%)
Khyber Textile / Jun 17 Khyber Textile Mills Limited(KHYT)	1,457.04 ▼ -158.06 (-9.79%)
First Fid. Leasing / Jun 17 First Fidelity Leasing Modaraba(FFLM)	2.95 ▼ -0.32 (-9.79%)

Stock	Volume
WorldCall Telecom / Jun 17 Worldcall Telecom Limited(WTL)	239,756,205 ▼ -0.01
Pervez Ahmed Consultancy / Jun 17 Pervez Ahmed Consultancy Services Ltd.(PASL)	97,496,465 ▼ -0.05
Sui South Gas / Jun 17 Sui Southern Gas Company Limited(SSGC)	49,860,990 ▲ 1.54
Ist.Capital Sec / Jun 17 First Capital Securities Corporation(FCSC)	49,081,749 ▼ -0.54
B.O.Punjab / Jun 17 The Bank of Punjab(BOP)	43,532,329 ▲ 0.17
Bank Makramah / Jun 17 Bank Makramah Limited(BML)	41,528,036 ▲ 0.2
Kohinoor Spining / Jun 17 Kohinoor Spinning Mills Limited(KOSM)	37,900,841 ▼ -0.11
First Prudential Mod. / Jun 17 First Prudential Modaraba(PMI)	37,499,448 ▼ -0.52
PIA Holding Co.Ltd / Jun 17 PIA Holding Company Limited(PIAHCLA)	25,538,700 ▼ -0.21
First Dawood Prop. / Jun 17 First Dawood Properties Limited(FDPL)	23,790,756 ▲ 0.67

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