Trends - sugar price - Business Recorder

sugar price

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

Prices of grocery items up ahead of Ramazan

PESHAWAR: A steep increase in prices of chicken meat, sugar, flour, vegetables, fruits and other grocery items was...

Published 29 Mar, 2021 06:05am

Markets

Lahore Grain Market Rates

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

Published 27 Mar, 2021 05:41am

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

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

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

Business

‘Sugar Commission Report’: FTO approaches FBR for speedy implementation

ISLAMABAD: The Federal Tax Ombudsman (FTO) has approached the Federal Board of Revenue (FBR) for speedy...

Published 19 Mar, 2021 05:32am

Markets

Raw sugar steadies, held back by stronger dollar, weak technicals

May raw sugar slipped 0.1% to 15.98 cents per lb.
May arabica coffee was flat at $1.3355 per lb, after rising to its highest since March 1 on Wednesday.

Published 18 Mar, 2021 07:26pm

Markets

Indian sugar mills rush to sign export contracts as prices rally

MUMBAI: Indian mills have contracted to export 4.3 million tonnes of sugar so far in the 2020/21 season ending on...

Published 18 Mar, 2021 03:56am

Markets

Raw sugar falls, but losses limited by tight supplies

LONDON: Raw sugar prices fell on Friday amid risk-off sentiment in wider financial markets and a stronger dollar,...

Published 13 Mar, 2021 04:28am

Markets

Brazil's CS sugar output seen falling to 36.7mn tonnes

Datagro expects the center-south sugar cane crop to fall to 586 million tonnes in 2021/22 from 607 million tonnes in 2020/21 due to unfavorable weather.
It projected ethanol production to fall to 29.4 billion liters versus 30.6 billion liters in the previous season.

Published 10 Mar, 2021 07:30pm

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

Arabica coffee steadies near recent highs, London cocoa gains

May arabica coffee rose 0.5% to $1.3445 per lb.
May London cocoa rose 0.7% to 1,813 pounds per tonne, having hit a three-month high earlier.
May raw sugar fell 0.5% to 16.35 cents per lb.

Published 03 Mar, 2021 05:55pm

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

BR Research

Sugar: is the industry shying away from surplus?

Another year, another shortfall. That seems to be the takeaway from the annual report for marketing year 2019-2020,...

Updated 01 Mar, 2021 09:13am

Markets

Sugar hedging by Brazilian mills way ahead of average

NEW YORK: The volume of sugar Brazilian mills have hedged using futures contracts in New York has soared to 80.5% of...

Published 28 Feb, 2021 04:55am

Markets

Sugar extends rally, hitting highest in nearly four years

March raw sugar edged up 0.3% to 18.84 cents per lb.
May arabica coffee edged up 0.3% to $1.3530 per lb.
May London cocoa firmed by 0.1% to 1,839 pounds a tonne.

Published 23 Feb, 2021 07:39pm

Business & Finance

Sugar group Tereos' earnings rise, faces headwinds in coming year

Tereos did not include a third-quarter net profit figure, having reported a 6 million euro net loss for its first half.
The Group is expecting its 2021/2022 adjusted EBITDA to be in the lower end of the previously communicated outlook (between 600 and 700 million euros).

Published 16 Feb, 2021 07:57pm

Markets

White sugar edges higher, London cocoa also up

May white sugar rose by $2.20, or 0.5%, to $454.80 a tonne.
May London cocoa rose by 16 pounds, or 1.0%, to 1,665 pounds a tonne.
May robusta coffee was down $3, or 0.2%, at $1,364 a tonne.

Published 15 Feb, 2021 07:03pm

Markets

ICE March white sugar delivery totals 511,750 tonnes

The sugar included 205,600 tonnes of Guatemalan white sugar, 122,600 from India, 108,000 from Algeria, 39,550 from Brazil, 30,000 from Egypt and 6,000 from El Salvador.
The buyers were BNP Paribas SA (411,750 tonnes) and Sucden Financial (100,000).

Published 15 Feb, 2021 05:55pm

BR Research

Sugar prices: something is amiss!

Highest-ever recorded production for November and December (with the exception of 2008), yet the sharpest in-season...

Published 15 Feb, 2021 07:30am

Markets

Prices of sugar, pulses and poultry items increase

ISLAMABAD: Prices of essential kitchen items especially sugar, all the pulses, packed milk, eggs, chicken and ...

Published 14 Feb, 2021 03:49am

Markets

Raw sugar edges higher, cocoa also climbs

March raw sugar rose 0.02 cents, or 0.1%, to 16.29 cents per lb.
May New York cocoa was up $12, or 0.5%, at $2,457 a tonne.
March arabica coffee fell 1.05 cents, or 0.85%, to $1.2305 per lb.

Published 09 Feb, 2021 09:27pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 30	278.40
USD PKR Interbank Buying / Apr 30	278.20
USD to Japanese Yen / May 1	157.86
USD to Swiss Franc / May 1	0.92
Pound Sterling to USD / May 1	1.25
Euro to USD / May 1	1.07

Stock	Volume
S&P 500 / Apr 30	5035.69
India Sensex / Apr 30	74482.78
Nasdaq / Apr 30	15657.82
Hang Seng / Apr 30	17763.03
Dow Jones / Apr 30	37815.92
Germany DAX 30 / Apr 30	17932.17
France CAC40 / Apr 30	7984.93
Tokyo Nikkei / May 1	38274.05

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 30	20535
Gold 10 Grams PKR / Apr 30	207390
Crude Oil USD/Barrel / May 1	81.12
Gold Spot USD/Ounce / May 1	2288.39
Cotton US¢/pound / May 1	78.01
Petrol/Litre / May 2	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 2 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 2 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 2 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 2 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 2 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 2 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 2 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 2 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 2 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 2 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 2 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 2 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 2 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 2 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 2 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 2 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 2 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 2 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 2 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 2 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 2 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 2 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 2 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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