Trends - sugar market - Business Recorder

sugar market

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

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

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

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

Markets

Raw sugar prices fall as Brazilian currency weakens

A weaker real encourages Brazilian exporters to sell dollar-priced commodities such as sugar and coffee because it raises their returns in local currency terms.
Dealers noted buying emerged around the day's low of 15.55 cents a lb, a level where it also found support on Friday and in early February.

Published 22 Mar, 2021 08:30pm

Markets

Raw sugar prices edge up, cocoa and coffee weaken

May raw sugar rose by 0.03 cents, or 0.2%, to 15.79 cents per lb.
May London cocoa fell by 13 pounds, or 0.75%, to 1,723 pounds a tonne.
May arabica coffee fell by 0.65 cents, or 0.5%, to $1.2835 per lb.

Updated 22 Mar, 2021 06:30pm

Markets

TCP said to pass in 50,000 tonnes white sugar tender

Two offers were reported in the tender which closed on Tuesday.
Pakistan has issued a series of sugar tenders in recent months to cool local prices.

Published 19 Mar, 2021 10:04pm

Markets

Raw sugar hits 1-1/2 month low; coffee, cocoa also weaken

May raw sugar fell 1.1% to 15.70 cents per lb.
May arabica coffee fell 0.5% to $1.2950 per lb, having slid 2.7% on Thursday.

Published 19 Mar, 2021 06:43pm

Markets

Arabica coffee prices weaken, sugar also down

*May arabica coffee fell by 0.75 cents, or 0.6%, to $1.3375 per lb. * May raw sugar fell by 0.25 cents, or 1.5%, to 16.05 cents per lb. * May London cocoa fell by 3 pounds, or 0.2%, to 1,734 pounds a tonne.

Published 17 Mar, 2021 08:35pm

Markets

Syria tenders to purchase refined white sugar

HAMBURG: A Syrian state agency has issued an international tender to purchase and import about 85,000 tonnes of...

Published 16 Mar, 2021 04:43am

Markets

Robusta coffee extends rebound, sugar also climbs

May robusta coffee rose by $10, or 0.7%, to $1,410 a tonne .
Vietnam's February coffee exports were down 23.5% from January at 122,833 tonnes, government customs data showed on Tuesday.

Published 10 Mar, 2021 08:18pm

Markets

Raw sugar slips as dollar gains; tight supplies cap losses

May raw sugar fell 1.2% to 16.20 cents per lb.
May London cocoa dipped 0.1% to 1,777 pounds a tonne, having lost 1.6% on Friday to head further away from Wednesday's three-month peak.

Published 08 Mar, 2021 10:03pm

Markets

US sugar stocks-to-use ratio climbs again

NEW YORK: The United States’ sugar stocks-to-use ratio, a key indicator to evaluate supply and demand, jumped for...

Updated 07 Mar, 2021 05:23pm

Markets

Robusta coffee prices weaken, cocoa also down

May robusta coffee was down $13, or 0.9%, at $1,393 a tonne.
May London cocoa fell by 13 pounds, or 0.7%, to 1,793 pounds a tonne, extending its retreat from a three-month high of 1,822 pounds set on Wednesday.

Updated 05 Mar, 2021 08:19pm

Markets

Arabica coffee prices weaken as Brazil currency slides

May arabica coffee was down 1.9 cents, or 1.4%, at $1.3390 per lb .
May London cocoa fell by 9 pounds, or 0.5%, to 1,787 pounds a tonne.
May raw sugar was unchanged at 16.22 cents per lb.

Published 02 Mar, 2021 09:49pm

Markets

London cocoa climbs to 3-month high, sugar also up

May London cocoa rose by 24 pounds, or 1.4%, to 1,792 pounds a tonne.
May raw sugar rose by 0.18 cents, or 1.1%, to 16.63 cents per lb.
May arabica coffee fell by 0.05 cents, or 0.1%, to $1.3745 per lb.

Published 01 Mar, 2021 06:06pm

Markets

Raw sugar hits highest in nearly 4 years

LONDON: Raw sugar futures on ICE hit their highest in nearly four years on Wednesday, buoyed by optimism in the ...

Published 18 Feb, 2021 04:08am

Markets

Sugar futures slip, cocoa retreats

LONDON: Raw and white sugar futures on ICE slipped on Thursday after hitting contract highs in the previous session...

Published 12 Feb, 2021 04:54am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 26	278.40
USD PKR Interbank Buying / Jul 26	278.20
USD to Japanese Yen / Jul 26	153.77
USD to Swiss Franc / Jul 26	0.88
Pound Sterling to USD / Jul 26	1.29
Euro to USD / Jul 26	1.09

Stock	Volume
S&P 500 / Jul 25	5,399.22
Nasdaq / Jul 25	17,181.72
Dow Jones / Jul 25	39,935.07
India Sensex / Jul 26	80,709.64
Tokyo Nikkei / Jul 26	37,865.35
Hang Seng / Jul 26	17,058.55
FTSE 100 / Jul 26	8,255.78
Germany DAX 30 / Jul 26	18,346.62

Item	Value
Crude Oil USD/Barrel / Jul 26	78.38
Karachi Cotton PKR/37.32 KG / Jul 26	17,035
Gold 10 Grams PKR / Jul 26	215,621
Gold Spot USD/Ounce / Jul 26	2,374.19
Cotton US¢/pound / Jul 26	68.62
Petrol/Litre / Jul 27	275.60

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jul 27 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jul 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jul 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jul 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jul 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jul 27 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jul 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jul 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jul 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jul 27 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jul 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jul 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jul 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jul 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jul 27 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jul 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jul 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jul 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jul 27 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jul 27 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jul 27 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jul 27 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jul 27 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jul 27 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jul 27 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jul 27 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jul 27 Telecard Limited(TELE)	12,358,668 ▲ 0.00

Markets →

Calculate your monthly liability in FY24

sugar market

Most Popular