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sugar market

Brazil mills cancel sugar export contracts

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

Published 18 May, 2022 05:54am

Markets

Raw sugar futures fall as crude oil prices weaken

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

Published 19 Apr, 2022 06:40pm

Markets

Cocoa futures jump, sugar down

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

Published 09 Jan, 2022 07:05am

Body on fixing retail price of sugar reconstituted

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

Published 01 Oct, 2021 03:10am

Markets

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

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

Updated 24 Sep, 2021 06:29pm

Markets

Robusta coffee climbs to four-year high, sugar slips

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

Published 18 Sep, 2021 04:02am

Markets

Robusta coffee climbs to four-year high, sugar slips

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

Published 17 Sep, 2021 08:16pm

Markets

White sugar gains ahead of expiry, raw sugar also up

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

Published 15 Sep, 2021 04:19am

Markets

Robusta coffee sets 4-year high, arabica also up

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

Updated 27 Aug, 2021 07:13pm

Pakistan

SAPM raises questions over PSMA role for manipulating sugar market

LAHORE: Expressing reservations over the role of Pakistan Sugar Mills Association (PSMA), Special Assistant to Prime...

Published 16 Aug, 2021 06:57am

Pakistan

FIA arrests sugar market broker

KARACHI: Federal Investigation Agency Thursday arrested a major sugar market broker involved in artificial hike in...

Published 30 Jul, 2021 05:10am

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

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

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.

Published 21 Jun, 2021 05:49pm

Markets

Arabica heads back towards four-year highs on tightening supplies

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.

Updated 21 May, 2021 08:06pm

Markets

Raw sugar edges higher, arabica coffee also up

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.

Published 17 May, 2021 08:20pm

Markets

Pakistan delays decision in 50,000 tonnes sugar tender

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.

Published 30 Apr, 2021 05:28pm

Markets

Arabica coffee heads back towards four-year peak

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%.

Published 30 Apr, 2021 05:17pm

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

Arabica coffee climbs to highest level since 2017

July arabica coffee was up 0.4 cents, or 0.3%, to $1.4375 per lb.
May raw sugar was up 0.15 cents, or 0.9%, at 17.32 cents per lb after peaking at 17.40 cents, its highest since Feb. 26.

Published 27 Apr, 2021 07:53pm

Markets

Raw sugar hits three-week high as inflation fears subside

May raw sugar rose 1.8% to 15.71 cents per lb
May white sugar, which expires on Thursday, rose 1.8% to $432 a tonne.
May arabica coffee rose 0.6% to $1.3080 per lb, having hit its highest since mid-March on Tuesday.

Published 14 Apr, 2021 05:01pm

Markets

Brazil's sugar output down 23pc in late March, ethanol down 18pc

Sugar and ethanol producers in the world's largest sugar producing region crushed 4.99 million tonnes of cane in the second half of March, 33% less than a year ago, Unica said. Ethanol production fell 18% to 372 million liters in the period.

Published 13 Apr, 2021 08:20pm

TCP floats tender for import of 50,000 tons of sugar

KARACHI: Trading Corporation of Pakistan (TCP) has floated a tender for the import of 50,000 tonnes white sugar for...

Published 06 Apr, 2021 04:23am

Markets

StoneX expects smaller global sugar supply deficit

NEW YORK: Global sugar supply deficit in the 2020/21 season likely narrowed, as larger-than-expected sugar output in...

Published 01 Apr, 2021 04:10am

Import of raw sugar: SBP allows 100pc advance payment

KARACHI: The State Bank of Pakistan (SBP) has allowed sugar mills to make advance payment up to 100 percent of the...

Published 30 Mar, 2021 05:45am

Markets

Raw sugar slumps to three-month low, coffee also down

May raw sugar fell by 0.12 cents, or 0.8%, to 15.07 cents per lb.
"The funds, who started the year in a very ebullient mood (on sugar), seem to be throwing in the towel as prices fall through key support levels," analyst Green Pool said in a weekly market update.

Published 29 Mar, 2021 06:46pm

Markets

Raw sugar futures rise, coffee also climbs

May raw sugar rose by 0.08 cents, or 0.5%, to 15.17 cents per lb.
May arabica coffee rose by 2.05 cents, or 1.6%, to $1.2865 per lb. The contract dipped to a low of $1.2520 on Thursday, its weakest since Feb. 17.

Published 26 Mar, 2021 05:45pm

Markets

Brazil’s new sugar season off to a slow start

BRAZIL: Mills in Brazil’s centre-south area, the world’s largest sugar producing region, made a slow start to ...

Published 26 Mar, 2021 05:22am

Markets

US Sugar to buy Imperial Sugar

NEW YORK: US Sugar has reached an agreement to buy the business and assets of its local rival Imperial Sugar from...

Published 26 Mar, 2021 05:22am

Markets

Suedzucker posts strong earnings as sugar sector improves

HAMBURG: Suedzucker, Europe’s largest sugar producer, on Wednesday reported a rise in full-year profit as losses...

Published 25 Mar, 2021 05:08am

Markets

Raw sugar edges higher while arabica coffee also gains

May raw sugar rose by 0.02 cents, or 0.1%, to 15.45 cents per lb.
May white sugar rose by $4.40, or 1%, to $444.90 a tonne.
May arabica coffee rose by 0.15 cents, or 0.1%, to $1.2775 per lb after dipping to a two-week low of $1.2650.

Published 24 Mar, 2021 09:54pm

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jul 2 786 Investments Limited(786)	5.00 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jul 2 Al-Abbas Sugar Mills Limited(AABS)	272.50 ▼ 0.00 (0.00%)
Agro Allianz / Jul 2 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / Jul 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jul 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jul 2 Allied Bank Limited(ABL)	69.05 ▼ 0.00 (0.00%)
Abbott Lab. / Jul 2 Abbott Laboratories (Pakistan) Limited(ABOT)	666.00 ▼ 0.00 (0.00%)
Abson Ind. / Jul 2 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jul 2 Alfalah Consumer Index ETF.(ACIETF)	7.84 ▼ 0.00 (0.00%)
Attock Cement / Jul 2 Attock Cement Pakistan Limited(ACPL)	67.13 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jul 2 786 Investments Limited(786)	5.00 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jul 2 Al-Abbas Sugar Mills Limited(AABS)	272.50 ▼ 0.00 (0.00%)
Agro Allianz / Jul 2 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / Jul 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jul 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jul 2 Allied Bank Limited(ABL)	69.05 ▼ 0.00 (0.00%)
Abbott Lab. / Jul 2 Abbott Laboratories (Pakistan) Limited(ABOT)	666.00 ▼ 0.00 (0.00%)
Abson Ind. / Jul 2 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jul 2 Alfalah Consumer Index ETF.(ACIETF)	7.84 ▼ 0.00 (0.00%)
Attock Cement / Jul 2 Attock Cement Pakistan Limited(ACPL)	67.13 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 30	204.90
USD PKR Interbank Buying / Jun 30	204.70
USD to Japanese Yen / Jul 1	135.21
USD to Swiss Franc / Jul 1	0.96
Pound Sterling to USD / Jul 1	1.21
Euro to USD / Jul 1	1.04
UK LIBOR % / Jul 1	1.58

Stock	Volume
S&P 500 / Jul 1	3825.33
India Sensex / Jul 1	52907.93
Tokyo Nikkei / Jul 1	26935.62
Nasdaq / Jul 1	11127.84
Hang Seng / Jul 1	21859.79
FTSE 100 / Jul 1	7168.65
Dow Jones / Jul 1	31097.26
Germany DAX 30 / Jul 1	12813.03
France CAC40 / Jul 1	5931.06

Item	Value
Crude Oil USD/Barrel / Jul 1	108.43
Karachi Cotton PKR/37.32 KG / Jul 1	17380.00
Gold 10 Grams PKR / Jul 1	119100.00
Gold Spot USD/Ounce / Jul 1	1811.43
Cotton US¢/pound / Jul 1	97.48

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