AGL 38.30 Increased By ▲ 0.08 (0.21%)
AIRLINK 133.25 Increased By ▲ 4.28 (3.32%)
BOP 8.85 Increased By ▲ 1.00 (12.74%)
CNERGY 4.68 Increased By ▲ 0.02 (0.43%)
DCL 8.64 Increased By ▲ 0.32 (3.85%)
DFML 39.70 Increased By ▲ 0.76 (1.95%)
DGKC 85.38 Increased By ▲ 3.44 (4.2%)
FCCL 34.84 Increased By ▲ 1.42 (4.25%)
FFBL 75.55 Decreased By ▼ -0.16 (-0.21%)
FFL 12.84 Increased By ▲ 0.02 (0.16%)
HUBC 109.80 Decreased By ▼ -0.56 (-0.51%)
HUMNL 14.14 Increased By ▲ 0.13 (0.93%)
KEL 5.40 Increased By ▲ 0.25 (4.85%)
KOSM 7.76 Increased By ▲ 0.09 (1.17%)
MLCF 41.20 Increased By ▲ 1.40 (3.52%)
NBP 70.05 Decreased By ▼ -2.27 (-3.14%)
OGDC 194.25 Increased By ▲ 5.96 (3.17%)
PAEL 26.20 Increased By ▲ 0.57 (2.22%)
PIBTL 7.39 Increased By ▲ 0.02 (0.27%)
PPL 163.85 Increased By ▲ 11.18 (7.32%)
PRL 26.39 Increased By ▲ 1.00 (3.94%)
PTC 19.47 Increased By ▲ 1.77 (10%)
SEARL 84.60 Increased By ▲ 2.18 (2.64%)
TELE 8.00 Increased By ▲ 0.41 (5.4%)
TOMCL 34.00 Increased By ▲ 1.43 (4.39%)
TPLP 8.73 Increased By ▲ 0.31 (3.68%)
TREET 17.15 Increased By ▲ 0.37 (2.21%)
TRG 60.70 Increased By ▲ 4.66 (8.32%)
UNITY 29.00 Increased By ▲ 0.22 (0.76%)
WTL 1.36 Increased By ▲ 0.01 (0.74%)
BR100 10,786 Increased By 127.6 (1.2%)
BR30 32,266 Increased By 934.6 (2.98%)
KSE100 100,083 Increased By 813.5 (0.82%)
KSE30 31,193 Increased By 160.9 (0.52%)

Robusta coffee on ICE recovered on Friday but remained close to the previous session's nine-year low as sellers in Vietnam finally fixed prices after months of delay. November robusta coffee rose $13, or 1%, to $1,285 per tonne by 1330 GMT, after hitting a nine-year low of $1,262 on Thursday.
There is not much robusta in top producer Vietnam as the season comes to an end, but traders who have been holding back on fixing futures prices have finally been forced to do so, said a dealer. Vietnam's domestic coffee prices stayed unchanged on Thursday from a week earlier, with trading activities expected to remain subdued until the next harvest season in October.
December arabica rose 0.5 cents, or 0.5%, to 95.90 cents per lb, still some way off a five-month low of 93.40 cents set on Aug. 20. Weakness in Brazil's real currency has weighed on arabica of late, but the market is due to see less excess supply as Brazil moves into an off-year crop cycle, where tired trees flower less. October raw sugar fell 0.04 cent, or 0.4%, to 10.93 cents per lb, having hit 10.86 cents on Thursday, its weakest since late September 2018.
October white sugar, which expires at the end of next week, was down $1, or 0.4%, at $301.30 per tonne, having hit its weakest since mid-July at $300.20 on Thursday. Dealers said nearby supplies remain ample and large deliveries were expected both against the whites and the raws contract, which expires at the end of this month. December New York cocoa rose $15, or 0.7%, to $2,260 per tonne. The market continues to regain some ground, with rains in top producer Ivory Coast prompting some concerns about quality. A large Ivory Coast crop is still expected overall. December London cocoa was up 6 pounds, or 0.3%, at 1,742 pounds a tonne.

Copyright Reuters, 2019

Comments

Comments are closed.