Trends - Sugar - Business Recorder

Sugar

'Stay' relief to sugar mills: AGP submits 'synopsis' against SHC verdict

ISLAMABAD: The requirement of publication of notification in official gazette is to be treated as "directory" unless...

Updated 14 Jul, 2020 03:22am

Markets

Raw sugar hits two-week low

LONDON: Raw sugar prices on ICE hit a two-week low on Monday as oil prices fell and supply tightness in refined ...

Published 14 Jul, 2020 02:57am

Markets

Raw sugar hits two week low; coffee, cocoa sli

October raw sugar fell 0.07 cents, or 0.6%, to 11.69 cents per lb at 1054 GMT, having hit a 2 week low of 11.67.
September New York cocoa fell $11, or 0.5%, to $2,149 a tonne.

Published 13 Jul, 2020 06:45pm

Sugar price: PSMA urges PM to take production cost into consideration

LAHORE: All Pakistan Sugar Mill Association Chairman Javed Kayani has urged Prime Minister Imran Khan to fix the...

Published 11 Jul, 2020 02:48am

Markets

Cocoa recovers further from 20-month low; sugar falls

The upcoming election is widely seen as a test of stability for the world's top cocoa producer.
Brazilian mills cumulative sugar output this season is 48.75% above last season.
September arabica coffee rose 0.1 cents, or 0.1%, to 98.85 cents per lb.

Published 10 Jul, 2020 05:21pm

Markets

Production & sale of sugar: Companies classified within category of non-listed company

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has classified all companies engaged in...

Updated 10 Jul, 2020 03:15am

Markets

Sugar industry of Pakistan

EDITORIAL: Earlier this week, the federal government approved the establishment of a high-powered sugar reform...

Published 10 Jul, 2020 02:47am

Markets

Cocoa recovers from 20-month low; sugar slips

Sovereign bonds in Ivory Coast came under pressure after prime minister and ruling party candidate for the October presidential election.
October raw sugar fell 0.07 cents, or 0.6%, at 12.01 cents per lb.
September arabica coffee edged up 0.2 cents, or 0.2%, at $1.0020 per lb, steadying after Monday's near 5% loss.

Published 09 Jul, 2020 08:37pm

Markets

Flour, sugar mills: Government to carry out physical verification of stocks

LAHORE: The Punjab government has decided to carry out physical verification of stocks in flour and sugar mills and...

Published 09 Jul, 2020 02:43am

Markets

Raw sugar up, London cocoa slips to 1-1/2 years low

LONDON: Raw sugar edged up Wednesday, climbing off the previous session's one-week low as financial markets steadied...

Published 09 Jul, 2020 02:43am

Income Tax/Sales Tax/FED: FBR orders audit of sugar mills in line with SIC report

ISLAMABAD: The Federal Board of Revenue (FBR) has directed Chief Commissioners Inland Revenue to start audit of...

Published 08 Jul, 2020 02:55am

Markets

Raw sugar recovers, arabica coffee gains

LONDON: Raw sugar prices edged up on Tuesday after hitting a one-week low as oil prices slumped on fears over ...

Published 08 Jul, 2020 02:55am

Markets

Raw sugar recovers from one week low, arabica coffee gains

October raw sugar inched up 0.02 cents, or 0.2%, to 11.95 cents per lb at 1439 GMT, having hit a low of 11.78.
September robusta coffee fell $12, or 1%, to $1,187 a tonne.

Updated 07 Jul, 2020 08:21pm

Opinion

Sugar: pumping 'poison'

ARTICLE: Indeed a highly commendable step by Prime Minister Imran Khan of initiating a detailed inquiry into the...

Published 06 Jul, 2020 03:03am

Markets

Raw sugar gains on improved macro data, China import hopes

October raw sugar edged up 0.07 cents, or 0.6%, to 12.24 cents per lb at 1211 GMT, having matched Thursday's 2-1/2 week peak of 12.25 cents earlier.
September arabica coffee fell 0.9 cents, or 0.9%, to $1.031 per lb, having hit its highest in more than a month earlier this week.

Published 03 Jul, 2020 07:23pm

Sugar commission report: Federation's plea against SHC order rejected

ISLAMABAD: The Supreme Court on Thursday turned down the federation's plea to suspend the Sindh High Court's (SHC)'s...

Updated 03 Jul, 2020 03:20am

Markets

Raw sugar dips amid easing tightness in refined supplies

October raw sugar was down 0.05 cents, or 0.4%, at 12.11 cents per lb at 1515 GMT, after testing but failing to breach resistance at 12.25 cents on Wednesday.
September robusta coffee fell $9, or 0.8%, to $1,195 a tonne.

Published 02 Jul, 2020 08:36pm

Sugar inquiry: Govt moves SC against SHC's order

ISLAMABAD: The Supreme Court to take up federal government's petition against the Sindh High Court (SHC) preventing...

Published 02 Jul, 2020 02:48am

Markets

Raw sugar climbs, cocoa slumps to 15-month lows

LONDON: Raw sugar futures on ICE rose on Wednesday boosted partly by gains in crude oil, while cocoa prices slumped...

Published 02 Jul, 2020 02:48am

Pakistan

SC to hear federal government appeal against SHC order in Sugar Commission case on Thursday

The federal government had pleaded the apex court to annul the Sindh High Court's order to stay the proceedings on the recommendations of the Sugar Commission.

Published 01 Jul, 2020 11:32pm

Markets

India's sugar output, exports to rise in 2020-21

MUMBAI: India's sugar production in the next marketing year could jump by 12% from a year ago as farmers in the...

Published 01 Jul, 2020 03:09am

Markets

Arabica coffee extends rebound, sugar also rises

September arabica coffee rose 2.1 cents, or 2.1%, to $1.0220 per lb by 1213 GMT.
October raw sugar was up 0.28 cents, or 2.4%, at 12.05 cents per lb.
September New York cocoa fell $3, or 0.1%, to $2,235 a tonne.

Published 30 Jun, 2020 06:35pm

BR Research

Sugar export ban: enough with good intentions!

In the 5 weeks since the announcement of Sugar Inquiry Commission’s report, national average retail price of the...

Published 30 Jun, 2020 08:57am

Pakistan

Sugar mills' petition: SGA requests SHC to allow alliance to become a party

KARACHI: The Sindh Growers Alliance (SGA) has filed an application in the Sindh High Court (SHC) to become a party ...

Published 30 Jun, 2020 03:10am

Opinion

The sugar daddy

ARTICLE: In the past six months, the hapless citizens of Pakistan have been subjected to endless media onslaught on...

Published 30 Jun, 2020 03:10am

Markets

Cocoa hits more than 1-yr low, raw sugar plumbs one month trough

September London cocoa had fallen 14 pounds, or 0.8%, to 1,674 pounds per tonne by 1231 GMT, having hit its lowest since last May at 1,656.
July raw sugar, which expires on Tuesday, dipped 0.01 cents, or 0.09%, to 11.56 cents per lb, having hit a near one month low of 11.33.

Published 29 Jun, 2020 06:57pm

Sugar issue: SC moved against SHC order

ISLAMABAD: The interior ministry on Sunday approached the Supreme Court to challenge the Sindh High Court's (SHC)...

Updated 29 Jun, 2020 03:06am

Pakistan

PML-N facing frustration since sugar report made public: Faraz

Minister says everything about the matter will become clear within three months and the nation will know how they were looted

Published 26 Jun, 2020 02:44pm

Markets

Raw sugar hits one-week low

LONDON: ICE raw sugar hit a one-week low on Wednesday as tightness in the refined white sugar market continued to...

Updated 25 Jun, 2020 03:35am

Pakistan

499.336 ton sugar sold at govt rates in Faisalabad

He said that total 3583 inspections were carried out and Rs. 21,000 fine was imposed on 80 shopkeepers, besides issuing warning to 176 shopkeepers during the same period.

Published 24 Jun, 2020 11:53pm

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

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