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Sugar

Sugar industry: political affiliation isn’t helping

The sugar industry is in the news again. The industry wants a license to export surplus stocks; the government wants...

Published 04 Jun, 2024 08:58am

Pakistan

‘CCP imposes Rs74bn of penalties on cartels but cases still pending in courts’

ISLAMABAD: Chairman Competition Commission of Pakistan (CCP), Dr Kabir Ahmed Sidhu, Thursday said that CCP had...

Published 31 May, 2024 06:58am

Refined sugar export: third meeting of SAB also remains inconclusive

ISLAMABAD: The third successive meeting of the Sugar Advisory Board (SAB) has failed to decide on the export of...

Updated 30 May, 2024 09:27am

PM takes serious note of absence of sugar data

ISLAMABAD: Prime Minister Shehbaz Sharif is said to have taken serious note of the absence of requisite data on...

Updated 10 May, 2024 08:59am

Markets

Ukraine sees higher 2024 sugar output, looks for new markets, union says

KYIV: Ukraine may increase white sugar production nearly 3% to 1.85 million metric tons in 2024 and the exportable...

Published 06 May, 2024 01:12pm

Markets

EU sees sugar beet production to rise 2pc in 2024/25

PARIS: Sugar beet area and output will increase by 2% in the European Union next season thanks to favourable market...

Published 05 May, 2024 02:54am

Markets

Cocoa prices decline further; robusta coffee also down

LONDON: London cocoa futures on ICE were lower on Friday and on track for a weekly loss of about 28%, though the ...

Published 05 May, 2024 02:54am

Business & Finance

PSGA, PSMA appeal PM to allow export of surplus sugar

LAHORE: The Punjab Sugarcane Growers Association (PSGA) and the Pakistan Sugar Mills Association (Punjab Zone) have...

Published 04 May, 2024 05:48am

BR Research

Inflation: is the worst over?

The headline is that the headline inflation is finally below 20 percent. It stood at 17.3 percent for April 24 – the...

Updated 03 May, 2024 09:55am

Markets

Indian sugar mills end season with higher than expected output

MUMBAI/NEW DELHI: India’s sugar production has been higher than expected this year after the completion of cane...

Published 02 May, 2024 04:58am

Business & Finance

Export permission: MoC casts doubt on PSMA’s surplus sugar figures

ISLAMABAD: The Commerce Ministry has reportedly expressed doubts on the figures of surplus sugar presented to the...

Updated 30 Apr, 2024 08:44am

Business & Finance

Sugar export not allowed as yet, says minister

ISLAMABAD: Federal Minister for Industries and Production Rana Tanveer Hussain has said that keeping in view the...

Published 26 Apr, 2024 04:15am

Markets

Prices of essential food items show mixed trend

PESHAWAR: Mixed trend in prices of essential food commodities, including vegetables, live chicken/meat, flour, ...

Published 22 Apr, 2024 04:39am

Business & Finance

PSMA-Punjab urges govt to allow immediate export of sugar

LAHORE: A spokesman of Pakistan Sugar Mills Association (Punjab Zone) has denied that the ex-mill prices of sugar...

Published 22 Apr, 2024 04:39am

Business & Finance

Cigarettes, sugar, fertilizer: Verification of digital tax stamps launched

ISLAMABAD: At the time when nearly 63 percent of the Pakistani market has been captured by illicit cigarettes,...

Published 21 Apr, 2024 04:10am

Markets

Australia’s sugar output likely to rise to 4.2mn tons in 2024/25, USDA says

CANBERRA: Australia’s sugar production should rise to 4.2 million metric tons in the 2024/25 marketing year from an...

Published 18 Apr, 2024 12:30pm

Markets

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (April 16, 2024)...

Published 17 Apr, 2024 05:28am

Business & Finance

Prices of essential kitchen items decline: BR survey

ISLAMABAD: The prices of essential kitchen items have witnessed a declining trend during this week past against the...

Published 07 Apr, 2024 03:01am

Business & Finance

SAB fails to take decision on sugar export

ISLAMABAD: The Sugar Advisory Board (SAB) meeting, on Thursday, failed to decide on the export of refined sugar and...

Updated 05 Apr, 2024 09:58am

Business & Finance

PSMA seeks permission to export ‘expensively produced’ sugar

ISLAMABAD: The Pakistan Sugar Mills Association (PSMA) has approached the Commerce Ministry to seek permission for...

Updated 03 Apr, 2024 08:50am

Markets

New York cocoa prices hit record high, raw sugar also up

NEW YORK: New York cocoa futures on ICE were up around 3% on Monday to a record high as the market for the...

Published 01 Apr, 2024 09:49pm

Markets

Egypt’s GASC believed to have bought 150,000 metric tons of sugar, traders say

CAIRO: Egypt’s state grains buyer, the General Authority for Supply Commodities (GASC), is believed to have bought...

Published 01 Apr, 2024 04:48pm

BR Research

All is quiet on the sugar front

All is quiet on the sugar front. At a time when reports of a demand slowdown should have put prices in reverse gear,...

Published 28 Mar, 2024 10:49am

Livestock, sugar, other commodities: Ban on export proposed by Jam

ISLAMABAD: Minister for Commerce, Jam Kamal has proposed imposition of complete ban on export of livestock, sugar,...

Updated 23 Mar, 2024 10:11am

Markets

Raw sugar hits near two-month low, cocoa resumes rally

NEW YORK: Raw sugar futures on ICE hit their lowest in nearly two months on Friday as concerns over supply continue...

Published 03 Mar, 2024 02:55am

Ramazan package: Rs6.48bn allocated

Rs3.474 billion subsidy to be provided for atta, followed by Rs1.610 billion for sugar, and Rs1.4 billion for ghee

Updated 02 Mar, 2024 02:17pm

Markets

Cocoa futures hit record highs on supply woes

LONDON: London and New York cocoa futures on ICE rose to fresh record highs on Monday as crop woes in both Ivory...

Published 27 Feb, 2024 03:06am

Markets

Raw sugar prices ease on Brazil rains; cocoa also dips

LONDON: Raw sugar futures on ICE fell on Wednesday, with rains in Brazil potentially improving the outlook for cane...

Published 15 Feb, 2024 05:39am

Markets

Funds cut short position in raw sugar

NEWYORK: Speculators sharply reduced their short position in futures of raw sugar on ICE US in the week to Jan. 23,...

Published 28 Jan, 2024 02:43am

Markets

Mexico’s sugar production seen at lowest in 10 years

NEW YORK: Mexico’s sugar production in the 2023/24 season (Oct-Sept) was projected on Friday to fall 15% from the...

Published 21 Jan, 2024 03:10am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 6	278.53
USD PKR Interbank Buying / Jun 6	278.33
USD to Japanese Yen / Jun 6	155.75
USD to Swiss Franc / Jun 6	0.89
Pound Sterling to USD / Jun 6	1.28
Euro to USD / Jun 6	1.09

Stock	Volume
S&P 500 / Jun 5	5354.03
Nasdaq / Jun 5	17187.05
Dow Jones / Jun 5	38807.33
India Sensex / Jun 6	75088.60
Tokyo Nikkei / Jun 6	38768.13
Hang Seng / Jun 6	18539.95
FTSE 100 / Jun 6	8259.78
Germany DAX 30 / Jun 6	18722.70

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 4	19935
Petrol/Litre / Jun 6	268.36
Crude Oil USD/Barrel / Jun 6	74.53
Gold 10 Grams PKR / Jun 6	208333
Gold Spot USD/Ounce / Jun 6	2369.35
Diesel/Litre / Jun 6	270.22

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jun 6 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jun 6 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jun 6 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 6 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 6 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 6 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 6 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jun 6 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jun 6 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jun 6 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jun 6 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jun 6 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jun 6 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jun 6 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jun 6 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jun 6 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jun 6 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jun 6 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jun 6 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jun 6 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jun 6 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jun 6 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jun 6 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jun 6 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jun 6 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jun 6 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jun 6 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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