Trends - Sugar - Business Recorder

Sugar

SPI inflation up 0.96pc WoW

ISLAMABAD: The Sensitive Price Indicator (SPI) based inflation for the week ended March 16, 2023, recorded an...

Published 18 Mar, 2023 06:14am

ECC extends sugar export time period to 60 days

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has allowed an extension in sugar export time...

Updated 15 Mar, 2023 08:51am

Markets

Raw sugar prices decline

LONDON: Raw sugar futures on the ICE fell on Friday, depressed by weakness in crude oil and many other commodity...

Published 12 Mar, 2023 05:55am

Customs sets up cell to monitor sugar export

KARACHI: Pakistan Customs has established a special cell at the Port Qasim Collectorate to monitor the exports of...

Updated 12 Mar, 2023 09:59am

Business & Finance

Philippines envoy says her country could become potential sugar market

FAISALABAD: The Philippines may become a potential sugar market for Pakistan, said Her Excellency Madam Dan Erwin C....

Published 02 Mar, 2023 06:23am

Markets

Brazil sugar cane

SAO PAULO: Brazil’s center-south crushed 73,000 tonnes of sugarcane in the first half of February, industry group...

Published 28 Feb, 2023 06:15am

Business & Finance

Indian sugar body cuts 2022/23 output forecast

NEW DELHI: India is likely to produce 33.5 million tonnes of sugar in the season to Sept 30 this year, down 2.9% ...

Published 28 Feb, 2023 06:15am

Markets

ISO trims global sugar surplus forecast

LONDON: The International Sugar Organization (ISO) on Friday trimmed its forecast for the size of a global sugar...

Published 26 Feb, 2023 03:27am

Markets

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

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

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

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

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

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

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

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

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 13	278.33
USD PKR Interbank Buying / May 13	278.13
USD to Japanese Yen / May 13	156.38
USD to Swiss Franc / May 13	0.91
Pound Sterling to USD / May 13	1.26
Euro to USD / May 13	1.08

Stock	Volume
S&P 500 / May 13	5221.42
India Sensex / May 13	72776.13
Tokyo Nikkei / May 13	38423.88
Nasdaq / May 13	16388.24
Hang Seng / May 13	19115.06
FTSE 100 / May 13	8414.99
Dow Jones / May 13	39431.51
Germany DAX 30 / May 13	18742.22

Item	Value
Crude Oil USD/Barrel / May 13	79.35
Karachi Cotton PKR/37.32 KG / May 13	19935
Gold 10 Grams PKR / May 13	207733
Gold Spot USD/Ounce / May 13	2340.10
Cotton US¢/pound / May 13	77.71
Petrol/Litre / May 14	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 14 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 14 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 14 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 14 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 14 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 14 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 14 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 14 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 14 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 14 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 14 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 14 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 14 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 14 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 14 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 14 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 14 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 14 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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