Topic

sugar market

All is quiet on the sugar front

Published 28 Mar, 2024 10:49am

All is quiet on the sugar front. At a time when reports of a demand slowdown should have put prices in reverse gear,...

CY24: sugar to retail above Rs200?

Published 22 Dec, 2023 09:00am

Amid the 30+ percent average inflation during the calendar year 2023, the rise in sugar prices may have been one of...

The complicated truth about sugar

Published 19 Sep, 2023 06:31am

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

Punjab to provide cheaper sugar at utility stores

Updated 17 Sep, 2023 09:23am

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

Sugar output in India’s Maharashtra set to fall to lowest

Published 15 Sep, 2023 06:59am

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

Sugar mills: LCCI urges govt to re-introduce track- and-trace system

Published 11 Sep, 2023 06:32am

LAHORE: Welcoming the steps being taken by the government to discourage the smuggling of sugar, the Progressive ...

Wholesale market: Sugar price jumps to Rs6,000/50kg bag in a month

Updated 09 Apr, 2023 11:00am

ISLAMABAD: Sugar price is witnessing an unexpected increase as within a month sweetener price in the wholesale ...

Philippines envoy says her country could become potential sugar market

Published 02 Mar, 2023 06:23am

FAISALABAD: The Philippines may become a potential sugar market for Pakistan, said Her Excellency Madam Dan Erwin C....

Raw sugar prices slip after setting 6-year record

Published 02 Feb, 2023 06:12am

LONDON: Raw sugar futures fell back on Wednesday after climbing to a six-year peak while arabica coffee futures also...

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

Updated 30 Nov, 2022 09:54am

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

Experts for determining sugar prices by market forces

Updated 21 Oct, 2022 09:43am

ISLAMABAD: The price of sugar should be determined by market forces instead of being fixed by the government. This...

ISO forecasts global sugar surplus in 2022/23 season

Published 31 Aug, 2022 08:18pm

LONDON: The International Sugar Organization (ISO) on Wednesday forecast a global sugar surplus in the 2022/23...

Indian traders jump the gun with sugar export deals

Published 30 Aug, 2022 05:52pm

MUMBAI: Indian traders have signed deals to export 300,000 tonnes of raw sugar in the coming season as advantageous...

Brazil mills cancel sugar export contracts

Published 18 May, 2022 05:54am

SAO PAULO: Brazilian sugar cane mills are cancelling some sugar export contracts and diverting production to ethanol...

Raw sugar futures fall as crude oil prices weaken

Published 19 Apr, 2022 06:40pm

LONDON: Raw sugar futures were lower on Tuesday, extending a retreat from last week’s five-month peak, dragged down...

Cocoa futures jump, sugar down

Published 09 Jan, 2022 07:05am

NEW YORK/LONDON: Cocoa futures on ICE rose sharply on Friday as the market appeared oversold after a recent weakness...

Body on fixing retail price of sugar reconstituted

Published 01 Oct, 2021 03:10am

ISLAMABAD: The federal government has reconstituted appellate committee on fixation of retail price of sugar, after...

Arabica coffee hits highest in more than 2 weeks; sugar, cocoa fall

Updated 24 Sep, 2021 06:29pm

December New York cocoa fell 1% to $2,588 a tonne
October raw sugar, which expires on Sept. 30, fell 1.6% to 19.18 cents per lb
December arabica coffee rose 1.1% to $1.9560 per lb

Robusta coffee climbs to four-year high, sugar slips

Published 18 Sep, 2021 04:02am

LONDON: Robusta coffee futures on ICE rose to a four-year high on Friday as a pick-up in demand and disruptions to...

Robusta coffee climbs to four-year high, sugar slips

Published 17 Sep, 2021 08:16pm

December New York cocoa rose 0.04% to $2,658 a tonne
October raw sugar was down 1.9% at 19.12 cents per lb
November robusta coffee rose 0.2% to $2,111 a tonne

White sugar gains ahead of expiry, raw sugar also up

Published 15 Sep, 2021 04:19am

LONDON: White sugar futures on ICE rose on Tuesday after closing up 4% in the prior session as traders look to lock...

Robusta coffee sets 4-year high, arabica also up

Updated 27 Aug, 2021 07:13pm

December New York cocoa fell by $18, or 0.7%, to $2,605 a tonne
October raw sugar rose by 0.12 cents, or 0.6%, to 19.80 cents per lb
November robusta coffee rose by $28, or 1.4%, to $2,022 a tonne

SAPM raises questions over PSMA role for manipulating sugar market

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

Sugar, coffee, cocoa slide as wider financial markets under pressure

Published 21 Jun, 2021 05:49pm

July raw sugar fell 1.3% to 16.21 cents per lb.
September arabica coffee fell 1.8% to $1.4920 per lb, having touched its weakest since mid-May at $1.4910.

Arabica heads back towards four-year highs on tightening supplies

Updated 21 May, 2021 08:06pm

July London cocoa rose 0.1% to 1,631 pounds per tonne.
July arabica coffee rose 0.5% to $1.5175 per lb, having set a four-year peak of $1.5365 on Thursday.

Raw sugar edges higher, arabica coffee also up

Published 17 May, 2021 08:20pm

July raw sugar rose by 0.05 cent, or 0.3%, to 17.01 cents per lb.
July arabica coffee was up 0.05 cent, or 0.03%, at $1.4505 per lb.
July London cocoa rose by 22 pounds, or 1.3%, to 1,711 pounds a tonne.

Pakistan delays decision in 50,000 tonnes sugar tender

Published 30 Apr, 2021 05:28pm

The tender had closed on Tuesday and the lowest offer was reported to be $447 a tonne c&f.
The Pakistan government in July 2020 approved sugar imports to meet a shortage and cool prices after production fell below consumption levels.

Arabica coffee heads back towards four-year peak

Published 30 Apr, 2021 05:17pm

July arabica coffee rose 1% to $1.4445 per lb.
- Rust resistant plant varieties account for just over 84% of Colombia's coffee crops, with susceptible varieties making up the remaining 16%.

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 12	278.52
USD PKR Interbank Buying / Jun 12	278.32
USD to Japanese Yen / Jun 12	160.24
USD to Swiss Franc / Jun 12	0.80
Pound Sterling to USD / Jun 12	1.34
Euro to USD / Jun 12	1.16
SOFR % / Jun 12	3.63

Stock	Volume
S&P 500 / Jun 12	7,431.46
India Sensex / Jun 12	75,527.95
Tokyo Nikkei / Jun 12	66,020.04
Nasdaq / Jun 12	25,888.84
Hang Seng / Jun 12	24,718.10
FTSE 100 / Jun 12	10,471.72
Dow Jones / Jun 12	51,202.26
Germany DAX 30 / Jun 12	24,635.30
France CAC40 / Jun 12	8,350.87

Item	Value
Crude Oil USD/Barrel / Jun 12	84.88
Karachi Cotton PKR/37.32 KG / Jun 12	21,780
Gold 10 Grams PKR / Jun 12	375,947
Gold Spot USD/Ounce / Jun 12	4,219.33
Cotton US¢/pound / Jun 12	76.42
Petrol/Litre / Jun 14	373.78
Diesel/Litre / Jun 14	378.78

Gainers
Losers
Leaders

Stock	Price
Arctic Textile / Jun 12 Arctic Textile Mills Limited(ARCTM)	33.75 ▲ 3.07 (10.01%)
Zephyr Textile / Jun 12 Zephyr Textiles Limited(ZTL)	20.45 ▲ 1.86 (10.01%)
AN Textile Mills / Jun 12 AN Textile Mills Limited(ANTM)	37.02 ▲ 3.37 (10.01%)
Elahi Cotton / Jun 12 Elahi Cotton Mills Limited(ELCM)	285.76 ▲ 25.98 (10%)
National Silk / Jun 12 The National Silk & Rayon Mills Limited(NSRM)	161.26 ▲ 14.66 (10%)
Pak. P.V.C. / Jun 12 Pakistan PVC Limited(PPVC)	28.59 ▲ 2.6 (10%)
Int. Knit. / Jun 12 International Knitwear Limited(INKL)	92.20 ▲ 8.38 (10%)
Siddiqsons Tin / Jun 12 Siddiqsons Tin Plate Limited(STPL)	8.44 ▲ 0.73 (9.47%)
IGI Holdings / Jun 12 IGI Holdings Limited(IGIHL)	284.15 ▲ 23.93 (9.2%)
Leiner Pak Gelat / Jun 12 Leiner Pak Gelatine Limited(LPGL)	100.33 ▲ 8.38 (9.11%)

Stock	Price
Idrees Tex. / Jun 12 Idrees Textile Mills Limited(IDRT)	50.10 ▼ -5.57 (-10.01%)
Kohat Textile / Jun 12 Kohat Textile Mills Limited(KOHTM)	121.46 ▼ -13.49 (-10%)
Pak Agro Pack. (GEM) / Jun 12 Pak Agro Packaging Limited (GEM)(GEMPAPL)	9.45 ▼ -1 (-9.57%)
Pak Qatar Family / Jun 12 Pak Qatar Family Takaful Limited(PAKQATAR)	22.19 ▼ -2.28 (-9.32%)
ARM Green Industries / Jun 12 ARM Green Industries Limited(ARMG)	46.40 ▼ -4.77 (-9.32%)
Power Cem(Pref) / Jun 12 Power Cement (Pref)(POWERPS)	23.80 ▼ -2.36 (-9.02%)
East West Ins. / Jun 12 East West Insurance Company Limited(EWIC)	48.54 ▼ -4.42 (-8.35%)
Unicap Modaraba / Jun 12 Unicap Modaraba(UCAPM)	5.20 ▼ -0.45 (-7.96%)
Pak Qatar Gen.Takaful / Jun 12 Pak Qatar General Takaful Limited(PQGTL)	15.42 ▼ -1.33 (-7.94%)
Oilboy Energy / Jun 12 Oilboy Energy Limited(OBOY)	20.42 ▼ -1.72 (-7.77%)

Stock	Volume
Kohinoor Spinning / Jun 12 Kohinoor Spinning Mills Limited(KOSM)	57,747,470 ▲ 0.15
B.O.Punjab / Jun 12 The Bank of Punjab(BOP)	52,924,034 ▲ 0.93
Sitara Petroleum Service / Jun 12 Sitara Petroleum Service Limited(SPSL)	52,648,271 ▲ 0.45
WorldCall Telecom / Jun 12 Worldcall Telecom Limited(WTL)	40,511,471 ▲ 0
Maple Leaf Cement / Jun 12 Maple Leaf Cement Factory Limited(MLCF)	35,896,472 ▲ 4.01
Oilboy Energy / Jun 12 Oilboy Energy Limited(OBOY)	33,427,696 ▼ -1.72
F. Nat.Equities / Jun 12 First National Equities Limited(FNEL)	28,855,016 ▼ -0.02
TPL Corp Ltd / Jun 12 TPL Corp Limited(TPL)	25,681,007 ▼ -0.82
Pak Int.Bulk / Jun 12 Pakistan International Bulk Terminal(PIBTL)	24,755,100 ▲ 0.24
Waves Home Appliances / Jun 12 Waves Home Appliances Limited(WAVESAPP)	20,120,122 ▲ 0.31

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