India’s overall sugar output up 5.39% so far this season NEW DELHI: Indian mills have produced 25.4 million tonnes of sugar since the current season began on Oct. 1, up... Published 20 Feb, 2023 03:22pm
Markets Raw sugar prices ease LONDON: Raw sugar futures were lower on Monday, slipping back from the prior session’s six-year peak, with the... Published 14 Feb, 2023 05:58am
Markets Thailand expects to export 9mn T of sugar in 2023, up 17% BANGKOK: Thailand expects to export 9 million tonnes of sugar in the production year 2022/23, up 17% from a year... Published 10 Feb, 2023 12:43pm
Print Industry yet to export any amount of sugar ISLAMABAD: The country’s sugar industry has not yet been able to export any amount of sugar out of 250,000 tons... Updated 04 Feb, 2023 09:29am
Markets Tereos to sell Romanian business to local investors PARIS: French sugar producer Tereos said on Wednesday that two Romanian investors would take over the ... Published 02 Feb, 2023 06:12am
Markets Raw sugar prices slip after setting 6-year record LONDON: Raw sugar futures fell back on Wednesday after climbing to a six-year peak while arabica coffee futures also... Published 02 Feb, 2023 06:12am
Business & Finance Prices of some branded items increased at all Utility Stores KARACHI: In order to improve demand and supply and ensure uninterrupted supply of branded items, prices of certain... Published 02 Feb, 2023 06:12am
Print SBP issues mechanism for quota-based sugar export ISLAMABAD: The State Bank of Pakistan (SBP) has issued instructions to the Authorised Dealers (ADs) for export of... Updated 31 Jan, 2023 09:01am
Markets Indian sugar mills to close early as rain hits cane supply MUMBAI: Sugar mills in India’s top producing state Maharashtra are set to stop cane crushing 45 to 60 days earlier... Published 29 Jan, 2023 03:15am
Markets Brazil sugar cane crushing hits 440,000 tonnes SAO PAULO: Brazil’s center-south sugarcane crushing totaled 440,000 tonnes in the first half of January, industry... Published 27 Jan, 2023 07:13am
Print ECC approves revised conditions for sugar export ISLAMABAD: The meeting of the Economic Coordination Committee (ECC) of the Cabinet has revised conditions regarding... Updated 27 Jan, 2023 09:06am
Markets UK sugar output dented by adverse weather LONDON: UK sugar production from the 2022/23 campaign is expected to be lower than previously expected following... Published 25 Jan, 2023 06:25am
Print SBP announces sugar export mechanism Makes it mandatory for sugar mills to bring sugar export proceeds into Pakistan within 60 days of the opening of Letter of Credit (LC) Updated 22 Jan, 2023 10:16am
Business & Finance Poor monitoring of TTS: FBR suspends supervisory staff at sugar mills ISLAMABAD: The Federal Board of Revenue (FBR) has suspended the supervisory staff deputed for monitoring at the ... Published 21 Jan, 2023 07:31am
Print Sales tax calculation: Not fixing minimum value of sugar to affect FBR revenue ISLAMABAD: The Federal Board of Revenue (FBR)’s decision of not fixing the minimum value on the supply of sugar ... Updated 21 Jan, 2023 08:52am
Business & Finance Ministries, provinces: MoC conveys sugar export mechanism ISLAMABAD: The Ministry of Commerce (MoC) has conveyed sugar export mechanism to the concerned ministries and... Published 19 Jan, 2023 05:58am
Print Mills to get quotas for sugar export on basis of installed capacity ISLAMABAD: The government is to allocate sugar quota to mills for exports on the basis of their installed capacity... Updated 13 Jan, 2023 08:49am
Markets Raw sugar goes up, arabica hits lowest in 1-1/2 months LONDON: Raw sugar futures on ICE rose on Tuesday, recovering from Monday’s two-month lows, while arabica coffee ... Published 11 Jan, 2023 05:53am
Print Sugar export to be halted if local price rises: ECC ISLAMABAD: The Economic Coordination Committee (ECC) has decided that in case of an increase in sugar price in the... Updated 11 Jan, 2023 08:53am
Markets Sugar rebounds after hitting 2-month low LONDON: Raw sugar futures on ICE turned higher on Monday after hitting a two-month low, with the market finally... Published 10 Jan, 2023 06:00am
Markets Raw sugar hits 3-1/2 week low as supply prospects brighten LONDON: ICE raw sugar futures hit 3-1/2 week lows on Thursday as supply prospects in key producing countries ... Published 06 Jan, 2023 05:58am
Print ECC allows export of additional quantity of sugar ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has allowed export of additional 150,000 tons of... Updated 04 Jan, 2023 09:40am
Business & Finance Survey shows sharp increase in prices of wheat flour, chicken ISLAMABAD: The wheat flour and chicken prices have witnessed a significant increase during this week past against ... Published 01 Jan, 2023 03:14am
Business & Finance Ministry directed to convene meeting of SAB for taking decision on sugar exports ISLAMABAD: The government has directed Ministry of National Food Security and Research to convene a meeting of Sugar... Published 30 Dec, 2022 05:50am
Business & Finance PSMA again offers to sell surplus sugar at Rs115/kg LAHORE: The Pakistan Sugar Mills Association (Punjab Zone) has once again offered the federal government to buy the... Published 29 Dec, 2022 05:59am
Markets Raw sugar extends retreat, arabica coffee edges up LONDON: Raw sugar futures on ICE were lower on Wednesday, extending the market’s retreat from last week’s near... Published 28 Dec, 2022 05:04pm
Markets Raw sugar rises to near 6-year high, cocoa at 8-month peak NEW YORK/LONDON: Raw sugar futures on ICE rose to the highest level in nearly six years on Friday, boosted by ... Published 25 Dec, 2022 03:29am
Markets Raw sugar prices steady, coffee and cocoa slide LONDON: Raw sugar futures on ICE steadied on Friday, after hitting a near 6-year high in the previous session, while... Published 19 Dec, 2022 06:00am
Business & Finance SAB recommendation: ECC allows export of up to 100,000 MTs of sugar ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has allowed sugar export of up to 100,000 metric... Updated 16 Dec, 2022 09:30am
Print SAB allows export of up to half a million tons of sugar ISLAMABAD: The Sugar Advisory Board (SAB) has finally allowed the sugar industry to export up to half a million tons... Updated 15 Dec, 2022 09:54am