Trends - sugar price - Business Recorder

sugar price

LHC directs CS to ensure availability of sugar at Rs85

LAHORE: The Lahore High Court on Tuesday censured the government for making the citizens stand in long queues to buy...

Published 21 Apr, 2021 03:21am

Markets

Asian food trader Wilmar sees Brazil sugar output falling sharply

Wilmar expects Brazil's center-south cane crop to fall to 530 million tonnes in 2021/22, compared with 605 million tonnes in the previous season, with sugar production dropping to 31 million to 33 million tonnes from 38.5 million tonnes.
Raw sugar prices jumped more than 3% in New York this morning, underpinned by bad weather for crops in Europe and in Brazil.

Published 20 Apr, 2021 07:48pm

Interim bails of Tareen, son extended till May 3

LAHORE: A banking court in Lahore on Saturday extended Jahangir Tareen's and his son Ali Tareen's interim bails till...

Published 18 Apr, 2021 03:09am

Markets

Egypt has sugar reserves for more than 6 months

CAIRO: Egypt has sufficient sugar reserves to last for more than six months, the supply ministry said in a statement...

Published 18 Apr, 2021 03:09am

Markets

Tareen denies any role in sugar price spiral

LAHORE: Pakistan Tehreek-e-Insaf senior leader Jahangir Tareen has categorically stated that he is not involved in...

Published 18 Apr, 2021 03:09am

Business & Finance

PSMA concerned at cane commissioner’s statement

LAHORE: The Pakistan Sugar Mills Association (PSMA) Punjab on Friday showed its concern on the recent statement of...

Published 17 Apr, 2021 03:28am

Markets

Raw sugar falls as market consolidates after one-month peak

May raw sugar fell 0.4% to 16.31 cents per lb.
May arabica coffee rose 0.1% to $1.3285 per lb, having earlier hit its highest in a month.

Published 16 Apr, 2021 06:37pm

Markets

Raw sugar jumps 3.3pc, hits highest in nearly a month

NEW YORK/LONDON: Raw sugar futures on ICE rose more than 3% on Thursday, hitting their highest in nearly a month as...

Published 16 Apr, 2021 03:40am

Markets

Raw sugar up on supply concerns, upbeat China data

Mills in Brazil's centre-south produced 23pc less sugar in the second half of March versus a year ago, as operations in the new sugar season got off to a slow start.

Published 13 Apr, 2021 09:27pm

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

CCP says govt should deregulate sugar prices

ISLAMABAD: The Competition Commission of Pakistan (CCP) has issued a "Policy Note" recommending that instead of...

Published 11 Apr, 2021 05:27am

Markets

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Friday

Published 10 Apr, 2021 04:34am

Markets

London cocoa prices fall as May's discount widens

May London cocoa was down by 39 pounds, or 2.4%, to 1,602 pounds a tonne.
May raw sugar rose by 0.45 cents, or 3.0%, to 15.63 cents per lb.
May arabica coffee rose by 0.3 cents, or 0.2%, to $1.2815 per lb.

Published 09 Apr, 2021 08:58pm

Pakistan

PTI govt to take action against those elements behind sugar crisis: Shahzad

The NAB, he said under the vision of Prime Minister Imran Khan would continue accountability process without discrimination.

Updated 09 Apr, 2021 12:07am

Markets

Arabica coffee prices rise with supplies set to tighten

May arabica coffee rose by 1.25 cents, or 1%, to $1.28 per lb.
May raw sugar rose by 0.04 cents, or 0.3%, to 15.18 cents per lb.
May London cocoa fell by 33 pounds, or 1.95%, to 1,660 pounds a tonne, weighed partly by diminished concerns about short-term tightness in tenderable supplies.

Published 08 Apr, 2021 08:17pm

Ex-mill, retail prices of sugar: LHC suspends notification

LAHORE: The Lahore High Court on Tuesday suspended a notification of fixing the ex-mill and retail price of sugar at...

Published 07 Apr, 2021 03:48am

Pakistan

CM directs ministers to monitor sugar price

Buzdar directed all concerned to ensure sufficient availability of sugar before and during the holy month of Ramazan.

Published 06 Apr, 2021 09:13pm

Business & Finance

Provincial ministers to monitor sugar prices in Punjab

As per details, the Punjab Chief Minister directed the concerned departments to submit daily reports on sugar stocks and prices.

Published 06 Apr, 2021 01:44pm

Business & Finance

Ex-mill, retail sugar price rejected: PSMA offers govt to pick entire stock from mills

LAHORE: Rejecting the ex-mill and retail sugar price fixed by the Punjab government, Pakistan Sugar Mills ...

Updated 04 Apr, 2021 09:52am

Editorials

Dismantling the sugar cartel

EDITORIAL: The sugar price inquiry of last year has taken its sweet time returning to the headlines, yet the way in...

Published 03 Apr, 2021 03:41am

Markets

India’s Oct-March sugar output up 19%, exports gain momentum

MUMBAI: Indian sugar mills’ output rose by nearly a fifth year on year to 27.76 million tonnes in the first six...

Published 02 Apr, 2021 04:58am

Markets

Raw sugar recovers; coffee, cocoa gain

LONDON: Raw sugar futures on ICE recovered on Thursday amid upbeat sentiment in the wider financial markets and ...

Published 02 Apr, 2021 04:58am

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

Markets

Russia extends deal to cut retail prices of sugar

MOSCOW: The Russian government said on Tuesday it had extended an agreement with local sugar and sunflower oil...

Published 31 Mar, 2021 05:42am

BR Research

Sugar output forecast: what’s next?

According to a report in this newspaper yesterday, wholesalers in Akbari Mandi of Lahore claim that daily sugar...

Published 29 Mar, 2021 07:35am

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

Raw sugar slides, eyes 3 month low; coffee also falls

May raw sugar was down 3% to 15.17 cents per lb.
May arabica coffee fell 0.3% to $1.2615 per lb.
May New York cocoa rose 1.3% to $2,466 a tonne.

Published 25 Mar, 2021 08:27pm

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

Gainers
Losers
Leaders

Stock	Price
Dawood Equities / Apr 21 Dawood Equities Limited(DEL)	5.65 ▲ 0.60 (11.88%)
Sana Ind. (R) / Apr 21 Sana Industries (R)(SNAIR)	12.01 ▲ 1.00 (9.08%)
Bal. Glass / Apr 21 Balochistan Glass Limited(BGL)	13.00 ▲ 1.00 (8.33%)
Service Fab. / Apr 21 Service Fabrics Limited(SERF)	13.35 ▲ 1.00 (8.10%)
Service Tex. / Apr 21 Service Industries Textiles Limited(SERT)	13.61 ▲ 1.00 (7.93%)
Telecard / Apr 21 Telecard Limited(TELE)	13.87 ▲ 1.00 (7.77%)
AKD Capital Ltd / Apr 21 AKD Capital Limited(AKDCL)	451.50 ▲ 31.50 (7.50%)
Tandlianwala / Apr 21 Tandlianwala Sugar Mills Limited(TSML)	133.63 ▲ 9.32 (7.50%)
Elahi Cot. / Apr 21 Elahi Cotton Mills Limited(ELCM)	42.75 ▲ 2.98 (7.49%)
Kohi.Tex. / Apr 21 Kohinoor Textile Mills Limited(KTML)	70.61 ▲ 4.92 (7.49%)

Stock	Price
First Equity Mod. / Apr 21 First Equity Modaraba(FEM)	3.34 ▲ -0.73 (-17.94%)
First Credit & Inv. / Apr 21 First Credit and Investment Bank Limited(FCIBL)	5.64 ▲ -0.87 (-13.36%)
Century Ins. / Apr 21 Century Insurance Company Limited(CENI)	18.95 ▲ -2.70 (-12.47%)
Tri-Star / Apr 21 Tri-Star Mutual Fund Limited(TSMF)	4.51 ▲ -0.49 (-9.80%)
Island Tex. / Apr 21 Island Textile Mills Limited(ILTM)	1918.45 ▲ -155.55 (-7.50%)
Mirpurkhas Sugar / Apr 21 Mirpurkhas Sugar Mills Limited(MIRKS)	94.35 ▲ -7.65 (-7.50%)
Punjab Oil / Apr 21 Punjab Oil Mills Limited(POML)	203.50 ▲ -16.50 (-7.50%)
Sapphire Tex. / Apr 21 Sapphire Textile Mills Limited(SAPT)	914.83 ▲ -74.17 (-7.50%)
Tata Textile / Apr 21 Tata Textile Mills Limited(TATM)	59.30 ▲ -4.80 (-7.49%)
Mian Textile / Apr 21 Mian Textile Industries Limited(MTIL)	18.60 ▲ -1.50 (-7.46%)

Stock	Volume
TRG Pak. / Apr 21 TRG Pakistan Limited(TRG)	46,695,449 ▼ 0.00
Worldcall / Apr 21 Worldcall Telecom Limited(WTL)	42,836,000 ▼ 0.00
Unity Foods / Apr 21 Unity Foods Limited(UNITY)	37,550,386 ▼ 0.00
Ghani Global Hold. / Apr 21 Ghani Global Holdings Limited(GGL)	31,297,500 ▼ 0.00
Telecard / Apr 21 Telecard Limited(TELE)	16,091,000 ▼ 0.00
Byco Petr. / Apr 21 Byco Petroleum Pakistan Limited(BYCO)	11,571,000 ▼ 0.00
Bal. Glass / Apr 21 Balochistan Glass Limited(BGL)	10,725,000 ▼ 0.00
Power Cement / Apr 21 Power Cement Limited(POWER)	10,568,000 ▼ 0.00
Media Times / Apr 21 Media Times Limited(MDTL)	9,277,500 ▼ 0.00
Aisha Steel / Apr 21 Aisha Steel Mills Limited(ASL)	8,211,500 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 20	153.00
USD PKR Interbank Buying / Apr 20	152.90
USD to Japanese Yen / Apr 20	108.07
USD to Swiss Franc / Apr 20	0.92
Pound Sterling to USD / Apr 20	1.39
Euro to USD / Apr 20	1.20
UK LIBOR % / Apr 20	0.07

Stock	Volume
S&P 500 / Apr 20	4134.94
India Sensex / Apr 20	47705.80
Tokyo Nikkei / Apr 20	29100.38
Nasdaq / Apr 20	13788.27
Hang Seng / Apr 20	29135.73
FTSE 100 / Apr 20	6859.87
Dow Jones / Apr 20	33821.30
Germany DAX 30 / Apr 20	15129.51
France CAC40 / Apr 20	6165.11

Item	Value
Crude Oil / Apr 20	62.67
Karachi Cotton Assoc. / Apr 20	10800.00
Gold 10 Grams / Apr 20	94564.00
Gold Spot / Apr 20	1778.40
Cotton / Apr 20	85.17

sugar price

LHC directs CS to ensure availability of sugar at Rs85

Asian food trader Wilmar sees Brazil sugar output falling sharply

Interim bails of Tareen, son extended till May 3

Egypt has sugar reserves for more than 6 months

Tareen denies any role in sugar price spiral

PSMA concerned at cane commissioner’s statement

Raw sugar falls as market consolidates after one-month peak

Raw sugar jumps 3.3pc, hits highest in nearly a month

Raw sugar up on supply concerns, upbeat China data

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

CCP says govt should deregulate sugar prices

Lahore Grain Market Rates

London cocoa prices fall as May's discount widens

PTI govt to take action against those elements behind sugar crisis: Shahzad

Arabica coffee prices rise with supplies set to tighten

Ex-mill, retail prices of sugar: LHC suspends notification

CM directs ministers to monitor sugar price

Provincial ministers to monitor sugar prices in Punjab

Ex-mill, retail sugar price rejected: PSMA offers govt to pick entire stock from mills

Dismantling the sugar cartel

India’s Oct-March sugar output up 19%, exports gain momentum

Raw sugar recovers; coffee, cocoa gain

StoneX expects smaller global sugar supply deficit

Russia extends deal to cut retail prices of sugar

Sugar output forecast: what’s next?

Raw sugar futures rise, coffee also climbs

Brazil’s new sugar season off to a slow start

US Sugar to buy Imperial Sugar

Raw sugar slides, eyes 3 month low; coffee also falls

Suedzucker posts strong earnings as sugar sector improves

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