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sugar mills

TCP said to pass in 50,000 tonnes white sugar tender

Current sugar import needs may be reassessed, traders said.
The lowest price offered in the tender on Wednesday was $533.90 tonne c&f with four companies participating.

Published 04 Jun, 2021 07:43pm

Markets

Raw sugar climbs to 7-week high; NY cocoa weakens

LONDON: Raw sugar futures rose sharply on Tuesday, climbing to a seven-week high, as funds added to long positions...

Published 21 Apr, 2021 03:21am

Sugar mills may temporarily shut down operations: CCP

ISLAMABAD: The Competition Commission of Pakistan (CCP) has strongly apprehended that the sugar mills may ...

Published 17 Apr, 2021 03:28am

Business & Finance

Sugar industry heading towards crisis: PSMA Punjab

LAHORE: The Pakistan Sugar Mills Association, Punjab Zone, has claimed that the sugar industry is heading towards...

Updated 14 Apr, 2021 10:11am

Sugar mills in Punjab: FIA sends questionnaires to CFOs, owners

LAHORE: A day after serving call-up notices to five more sugar mills, the Federal Investigation Agency (FIA) has ...

Published 09 Apr, 2021 04:51am

Markets

Ex-mill and retail prices of sugar: SAPM defends Punjab govt’s decision

LAHORE: Rejecting the notion that the Punjab government “unjustifiably” fixed the ex-mill and retail prices of...

Published 08 Apr, 2021 04:10am

Sugar satta agent spills the beans

LAHORE: One of the main alleged satta-agents (speculative pricing players) has told the Federal Investigation Agency...

Published 06 Apr, 2021 04:23am

Business & Finance

Ex-mill, retail sugar price rejected: PSMA offers govt to pick entire stock from mills

LAHORE: Rejecting the ex-mill and retail sugar price fixed by the Punjab government, Pakistan Sugar Mills ...

Updated 04 Apr, 2021 09:52am

Rs404.2bn tax demands: FBR starts winning cases against sugar mills

ISLAMABAD: The Commissioners (Appeals) have started deciding tax evasion cases of sugar mills in favour of the...

Published 02 Apr, 2021 04:58am

Supply line: Sugar mills offer conditional support to Punjab govt

LAHORE: Sugar crisis will be over soon as Pakistan Sugar Mills Association (PSMA) has conditionally offered the...

Published 31 Mar, 2021 05:42am

Import of raw sugar: SBP allows 100pc advance payment

KARACHI: The State Bank of Pakistan (SBP) has allowed sugar mills to make advance payment up to 100 percent of the...

Published 30 Mar, 2021 05:45am

Pakistan

Sugar crisis may worsen in days to come

LAHORE: Sugar crisis due to unannounced strike by the sugar dealers after the action taken by the Federal...

Updated 28 Mar, 2021 10:54am

Contract defaults: TCP blacklists 9 sugar mills

KARACHI: The Trading Corporation of Pakistan (TCP) has blacklisted nine sugar mills as they were failed to perform...

Published 27 Mar, 2021 05:41am

BR Research

Early crushing; why is it such a big deal?

The debate over early start of crushing has dominated discussions of sugar supply-demand availability this season....

Published 26 Mar, 2021 07:35am

FIR registered against ‘sugar mafia’: adviser

LAHORE: The government is tightening the noose around those who have been arbitrarily changing the prices of sugar,...

Published 26 Mar, 2021 05:22am

Tax assessment orders issued against 35 mills

ISLAMABAD: The field formations of the Federal Board of Revenue (FBR) have issued assessment orders against 30-35...

Published 26 Mar, 2021 05:22am

BR Research

Controversy over gur production in Peshawar valley?

If the retail price of sugar in the country has nearly doubled over the past three years, it is not just the sugar...

Published 11 Mar, 2021 07:30am

Markets

India’s Oct-Feb sugar output jumps

MUMBAI: Indian sugar mills’ output rose by a fifth to 23.38 million tonnes in the first five months of the 2020/21...

Published 04 Mar, 2021 04:58am

Pakistan

Cane commissioner warns defaulting sugar mills

LAHORE: Cane Commissioner Punjab Muhammad Zaman Wattoo has warned the sugar mill owners who have not cleared payment...

Published 26 Feb, 2021 05:20am

Pakistan

Subsidies, audit reports: CIT directed to collect details of sugar mills

LAHORE: Expressing satisfaction over the preliminary findings of the combined investigation team (CIT) probing the...

Published 23 Feb, 2021 05:20am

Pakistan

TSML clarifies

ISLAMABAD: The Tandlianwala Sugar Mills Limited (TSML) unequivocally denies all claims made in the media and in the...

Updated 17 Feb, 2021 09:41am

Markets

Dates of Closure of Books & Annual General Meetings

KARACHI: Dates of Closure of Books and holding of Ordinary and Extra-Ordinary General Meetings of companies listed ...

Published 16 Feb, 2021 04:07am

Pakistan

Another FIR registered against Tandlianwala Sugar Mills

LAHORE: Muzaffargarh Police have registered an FIR against Rehman Hajra Muzaffargarh unit of the Tandlianwala Sugar...

Updated 16 Feb, 2021 09:38am

Penalty imposed on sugar mills

ISLAMABAD: The Federal Board of Revenue (FBR) has imposed a penalty of Rs 1 million each on those sugar mills, which...

Published 15 Feb, 2021 04:53am

Pakistan

Unofficial receipt for cane: TSML denies report

ISLAMABAD: The Tandlianwala Sugar Mills Limited (TSML) unequivocally denies the news that its staff issued an...

Published 10 Feb, 2021 04:12am

Gur production: ‘Govt must allow setting up of mini/micro sugar mills’

LAHORE: Agriculture Republic, an agricultural think-tank, has proposed the government to allow setting up of...

Published 06 Feb, 2021 04:06am

BR Research

“If you can’t beat them, join them”

It would be comical if it weren’t so tragic. Yesterday’s front news page carried three news stories placed...

Published 22 Jan, 2021 07:30am

Pakistan

Haleem for putting Murad’s name on ECL

KARACHI: Pakistan Tehreek-e-Insaf (PTI) Central Vice President Haleem Adil Sheikh on Wednesday demanded for putting...

Published 21 Jan, 2021 04:23am

Markets

‘Mills in Punjab produced 1.9m tons of sugar so far’

LAHORE: Cane Commissioner Punjab Muhammad Zaman Wattoo said on Monday that the mills in the province so far produced...

Published 19 Jan, 2021 04:22am

Tax officers deputed at all sugar mills, FBR tells SAB

ISLAMABAD: The Federal Board of Revenue (FBR) has informed the Sugar Advisory Board (SAB) that it has deputed tax...

Updated 19 Jan, 2021 04:44am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 20	278.30
USD PKR Interbank Buying / May 20	278.10
USD to Japanese Yen / May 20	155.76
USD to Swiss Franc / May 20	0.91
Pound Sterling to USD / May 20	1.27
Euro to USD / May 20	1.09

Stock	Volume
S&P 500 / May 17	5303.27
India Sensex / May 17	73917.03
Nasdaq / May 17	16685.97
Dow Jones / May 17	40003.59
Tokyo Nikkei / May 20	39197.34
Hang Seng / May 20	19650.18
FTSE 100 / May 20	8442.03
Germany DAX 30 / May 20	18754.68

Item	Value
Karachi Cotton PKR/37.32 KG / May 17	19935
Crude Oil USD/Barrel / May 20	80.09
Gold 10 Grams PKR / May 20	214678
Gold Spot USD/Ounce / May 20	2436.84
Cotton US¢/pound / May 20	76.56
Petrol/Litre / May 21	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 21 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 21 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 21 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 21 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 21 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 21 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 21 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 21 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 21 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 21 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 21 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 21 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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