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
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KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 29	278.02
USD PKR Interbank Buying / Jul 29	277.82
USD to Japanese Yen / Jul 30	163.49
USD to Swiss Franc / Jul 30	0.82
Pound Sterling to USD / Jul 30	1.34
Euro to USD / Jul 30	1.15
SOFR % / Jul 29	3.64

Stock	Volume
S&P 500 / Jul 29	7,316.15
Nasdaq / Jul 29	24,442.94
Dow Jones / Jul 29	51,594.14
India Sensex / Jul 30	77,633.29
Tokyo Nikkei / Jul 30	61,685.46
Hang Seng / Jul 30	25,767.58
FTSE 100 / Jul 30	10,955.75
Germany DAX 30 / Jul 30	25,419.60
France CAC40 / Jul 30	8,463.43

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 29	18,480
Gold 10 Grams PKR / Jul 29	365,600
Petrol/Litre / Jul 30	335.06
Crude Oil USD/Barrel / Jul 30	84.39
Gold Spot USD/Ounce / Jul 30	4,044.93
Diesel/Litre / Jul 30	390.62
Cotton US¢/pound / Jul 30	79.59

Gainers
Losers
Leaders

Stock	Price
Oilboy Energy / Jul 30 Oilboy Energy Limited(OBOY)	19.65 ▲ 1.79 (10.02%)
Premier Insurance / Jul 30 Premier Insurance Limited(PINL)	12.19 ▲ 1.11 (10.02%)
UDL International / Jul 30 UDL International Limited(UDLI)	20.43 ▲ 1.86 (10.02%)
Trust Mod. / Jul 30 Trust Modaraba(TRSM)	21.99 ▲ 2 (10.01%)
Zahid Jee Textile / Jul 30 Zahidjee Textile Mills Limited(ZAHID)	82.57 ▲ 7.51 (10.01%)
Intermarket Securities / Jul 30 Intermarket Securities Limited(IMS)	28.61 ▲ 2.6 (10%)
Janana De Malucho / Jul 30 Janana De Malucho Textile Mills Limited(JDMT)	181.72 ▲ 16.52 (10%)
Shahtaj Sugar / Jul 30 Shahtaj Sugar Mills Limited(SHJS)	174.35 ▲ 15.85 (10%)
Shams Textile / Jul 30 Shams Textile Mills Limited(STML)	55.01 ▲ 5 (10%)
Suraj Cotton / Jul 30 Suraj Cotton Mills Limited(SURC)	167 ▲ 15.18 (10%)

Stock	Price
Dadabhoy Cement / Jul 30 Dadabhoy Cement Industries Limited(DBCI)	22.67 ▼ -2.52 (-10%)
National Silk / Jul 30 The National Silk & Rayon Mills Limited(NSRM)	250 ▼ -23.85 (-8.71%)
Ashfaq Textile / Jul 30 Ashfaq Textile Mills Limited(ASHT)	32.15 ▼ -2.92 (-8.33%)
Din Tex. / Jul 30 Din Textile Mills Limited(DINT)	67.01 ▼ -5.89 (-8.08%)
East West Ins. / Jul 30 East West Insurance Company Limited(EWIC)	44.25 ▼ -3.85 (-8%)
Fateh Ind. / Jul 30 Fateh Industries Limited(FIL)	325.30 ▼ -27.98 (-7.92%)
Pakistan Credit Rating Agency / Jul 30 The Pakistan Credit Rating Agency Ltd(GEMPACRA)	30 ▼ -2.52 (-7.75%)
JS Investments / Jul 30 JS Investments Limited(JSIL)	42.81 ▼ -3.02 (-6.59%)
Crescent Fib. / Jul 30 Crescent Fibres Limited(CFL)	54.65 ▼ -3.7 (-6.34%)
Siddiqsons Tin / Jul 30 Siddiqsons Tin Plate Limited(STPL)	9.54 ▼ -0.64 (-6.29%)

Stock	Volume
Trust Sec.& Brok. / Jul 30 Trust Securities & Brokerage Limited(TSBL)	76,132,241 ▲ 0.03
Pak Int.Bulk / Jul 30 Pakistan International Bulk Terminal(PIBTL)	28,701,381 ▲ 0.39
WorldCall Telecom / Jul 30 Worldcall Telecom Limited(WTL)	24,190,810 ▲ 0
Cnergyico PK / Jul 30 Cnergyico PK Limited(CNERGY)	22,123,588 ▼ -0.16
Waves Home Appliances / Jul 30 Waves Home Appliances Limited(WAVESAPP)	18,984,804 ▲ 0.24
Oilboy Energy / Jul 30 Oilboy Energy Limited(OBOY)	16,312,181 ▲ 1.79
Pak Stock Exchange / Jul 30 Pakistan Stock Exchange Limited(PSX)	14,938,337 ▲ 2.62
K-Electric Ltd. / Jul 30 K-Electric Limited(KEL)	14,915,930 ▼ -0.09
Waves Corporation / Jul 30 Waves Corporation Limited(WAVES)	14,657,737 ▲ 0.24
Bank Al-Falah / Jul 30 Bank Alfalah Limited(BAFL)	12,631,617 ▲ 0.94

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