Trends - Sugar - Business Recorder

Sugar

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

Business & Finance

PSMA clarification

LAHORE: Pakistan Sugar Mills Association (PSMA) while referring to a news item appeared in a section of a press...

Published 19 Jan, 2024 05:37am

Markets

Egypt agrees to buy 100,000 tons of imported raw sugar

Egypt’s state grains buyer the General Authority for Supply Commodities (GASC) struck a deal to buy 100,000 tons of...

Published 16 Jan, 2024 12:43pm

Markets

Egypt receives offers in sugar tender

HAMBURG: The lowest price offered in Egypt’s international tender to purchase 50,000 metric tons of raw or white...

Published 09 Jan, 2024 04:18am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 23	278.42
USD PKR Interbank Buying / May 23	278.22
USD to Japanese Yen / May 23	156.74
USD to Swiss Franc / May 23	0.91
Pound Sterling to USD / May 23	1.27
Euro to USD / May 23	1.08

Stock	Volume
S&P 500 / May 22	5307.01
Nasdaq / May 22	16801.54
FTSE 100 / May 22	8370.33
Dow Jones / May 22	39671.04
Germany DAX 30 / May 22	18680.20
France CAC40 / May 22	8092.11
India Sensex / May 23	74667.86
Tokyo Nikkei / May 23	39034.80

Item	Value
Karachi Cotton PKR/37.32 KG / May 22	19935
Gold 10 Grams PKR / May 22	212791
Petrol/Litre / May 23	273.10
Crude Oil USD/Barrel / May 23	76.94
Gold Spot USD/Ounce / May 23	2362.37
Diesel/Litre / May 23	274.08

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 23 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 23 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 23 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 23 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 23 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 23 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 23 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 23 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 23 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 23 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 23 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 23 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 23 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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