Trends - sugar industry - Business Recorder

sugar industry

PSMA concerned at ‘unsustainable’ production costs

LAHORE: Sugar millers have claimed that production and sale of sugar below its costs of production has become...

Updated 08 Dec, 2023 10:04am

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

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

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

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

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

BR Research

Banking’s most eligible borrower?

If you had three guesses to answer that question, your answer would probably be government, power, and textile...

Published 15 Jun, 2023 08:42am

Opinion

The bitter truth about sugar industry

Sugar is an essential commodity in the consumption basket of all segments of society. Its production and ...

Published 31 May, 2023 03:57am

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

BR Research

Sugar industry: time to pivot

During the past five years, the retail price of a regular cola bottle has increased by 55 percent. A kilogram of...

Published 24 Feb, 2023 09:15am

Industry yet to export any amount of sugar

ISLAMABAD: The country’s sugar industry has not yet been able to export any amount of sugar out of 250,000 tons...

Updated 04 Feb, 2023 09:29am

BR Research

TICL: tide turning?

PTI governments’ bad blood with the sugar industry is no secret. Yet, surprisingly, the industry may have been one...

Published 30 Dec, 2022 09:32am

Business & Finance

PSMA again offers to sell surplus sugar at Rs115/kg

LAHORE: The Pakistan Sugar Mills Association (Punjab Zone) has once again offered the federal government to buy the...

Published 29 Dec, 2022 05:59am

Business & Finance

Export of refined sugar: govt, PSMA fail to reach decision

ISLAMABAD: Pakistan sugar industry is eyeing earning an estimated profit of Rs35 billion by exporting one million...

Updated 30 Nov, 2022 09:54am

BR Research

Sugar export: get a demand assessment first

Last Friday, Punjab government notified the official beginning of crushing season in the province. This follows a...

Published 28 Nov, 2022 08:41am

Business & Finance

Stock position: Sugar industry asked to provide verified data

ISLAMABAD: The government has asked the sugar industry to provide verified and authentic data on sugar stocks in the...

Published 22 Nov, 2022 03:23am

Markets

PSMA lobbying for sugar export

ISLAMABAD: The sugar industry has requested the government to allow the export of surplus sugar keeping in view the...

Published 07 Oct, 2022 05:59am

Editorials

Economic despondency

EDITORIAL: The Sensitive Price Indicator (SPI) nfor the week ending 29 September 2022 year on year was estimated at...

Published 29 Sep, 2022 06:01am

Business & Finance

Sugar industry: Major problems detected in FBR’s track & trace system

LAHORE: If not completely then largely, the Federal Board of Revenue’s track & trace system has failed to...

Published 24 Aug, 2022 05:08am

Markets

Arabica coffee extends gains, New York cocoa hits near 1-year low

LONDON: Arabica coffee futures on ICE rose for a third consecutive session to their highest in over a week on...

Published 01 Jul, 2022 05:59pm

Gur, sugar export as per SAB decision: Qamar

ISLAMABAD: Commerce Minister Syed Naveed Qamar has said that export of Gur will be opened along with sugar in the...

Updated 30 Jun, 2022 09:42am

PSMA demands permission to export excess sugar output

LAHORE: The Pakistan Sugar Mills Association (PSMA) has demanded the government to allow export of excess sugar...

Updated 29 Mar, 2022 10:07am

Business & Finance

Talks between PSMA, govts: spokesman says there’s no solid outcome

LAHORE: Pakistan Sugar Mills Association (PSMA) members have expressed concerns over the futile meetings with the...

Published 14 Jan, 2022 07:45am

Opinion

CCP’s order in sugar industry case: a critique—I

A few days ago, a friend congratulated me on the fact that the Competition Commission of Pakistan (CCP, the...

Published 10 Jan, 2022 07:02am

BR Research

Sugar: financial roundup 2021

‘Tis the season of performance appraisals! As calendar year reaches its conclusion, the sugar industry has begun...

Published 30 Dec, 2021 07:11am

PSMA says there’s no shortage of sugar in country

LAHORE: The Pakistan Sugar Mills Association (PSMA) has categorically rejected the rumours that there is a looming...

Updated 26 Nov, 2021 09:32am

Markets

Cuban sugar industry restructures as another bleak harvest looms

HAVANA: Cuba has carried out a root and branch restructure of its sugar industry in a last-ditch attempt to keep...

Published 25 Nov, 2021 03:53am

Editorials

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 3	278.23
USD PKR Interbank Buying / May 3	278.03
USD to Japanese Yen / May 3	152.98
USD to Swiss Franc / May 3	0.91
Pound Sterling to USD / May 3	1.26
Euro to USD / May 3	1.07

Stock	Volume
S&P 500 / May 1	5018.39
Nasdaq / May 1	15605.48
Dow Jones / May 1	37903.29
Tokyo Nikkei / May 2	38236.07
FTSE 100 / May 2	8149.68
Germany DAX 30 / May 2	17906.01
France CAC40 / May 2	7916.49
India Sensex / May 3	74412.88

Item	Value
Karachi Cotton PKR/37.32 KG / May 2	20000
Gold 10 Grams PKR / May 2	206619
Petrol/Litre / May 3	288.49
Crude Oil USD/Barrel / May 3	79.12
Gold Spot USD/Ounce / May 3	2308.69
Diesel/Litre / May 3	281.96

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 3 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 3 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 3 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 3 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 3 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 3 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 3 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 3 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 3 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 3 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 3 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 3 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 3 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 3 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 3 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 3 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 3 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 3 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 3 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 3 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 3 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 3 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 3 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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