Trends - sugar import - Business Recorder

sugar import

Sugar import: Cut in tax rates amongst reasons behind huge income tax exemptions cost

ISLAMABAD: The reduction in tax rates including withholding tax on the import of sugar is one of the reasons for...

Updated 12 Jun, 2023 08:43am

Timely import of commodities: Senate panel seeks amendments to PPRA rules

ISLAMABAD: Senate Standing Committee on Commerce has recommended the government to amend PPRA Rules to allow import...

Updated 18 Nov, 2022 09:27am

Markets

France sees less wheat, sugar beet sowing but more barley, rapeseed

PARIS: Farmers in France, the European Union’s biggest crop producer, are expected to cut back on wheat and sugar...

Published 13 Apr, 2022 06:03am

Pakistan

Punjab govt to provide imported sugar at Rs90/kg

LAHORE: The Punjab government has decided to provide imported sugar at retail shops at Rs 90 per kg through dealers...

Published 10 Oct, 2021 04:26am

Editorials

The food inflation spectre

EDITORIAL: Finance Minister Shaukat Tarin's recent revelation that the government would intervene in the market to...

Published 05 Oct, 2021 04:34am

MoC expects over 27pc exports growth YoY

ISLAMABAD: The Ministry of Commerce is expecting exports of $ 7 billion during the first quarter (July-September)...

Published 01 Oct, 2021 04:03am

Markets

Raw sugar recovers after hitting near two-month low

December New York cocoa rose 0.2% to $2,551 a tonne
December arabica coffee rose 1.3% to $1.9885 per lb
October raw sugar, which expires on Thursday

Updated 28 Sep, 2021 09:03pm

Revised Kamyab Pakistan Programme approved: Sugar import, PSM salaries okayed by ECC

The Economic Coordination Committee has approved revised KPP with considerable cut in loan size for the current fiscal year ahead of the 6th review of the IMF programme

Updated 24 Sep, 2021 09:52am

Markets

Robusta coffee climbs to four-year high, sugar slips

LONDON: Robusta coffee futures on ICE set a four-year high on Monday as the bean remained good value versus its...

Published 21 Sep, 2021 04:10am

Markets

Raw sugar prices rise as commodity markets climb

December New York cocoa rose by 0.7% to $2,674 a tonne
December arabica coffee rose by 0.75% to $1.8685 per lb
October raw sugar was up 1.3% at 19.20 cents per lb

Published 15 Sep, 2021 04:48pm

Markets

London cocoa hits fresh six-month high

October white sugar edged up 0.1% to $485.70 a tonne
November robusta coffee rose 0.3% to $2,065 a tonne, having set a four-year high of $2,092 last week

Published 06 Sep, 2021 05:55pm

Markets

Raw sugar prices rise as supplies tighten; cocoa also up

November robusta coffee was unchanged at $2,066 a tonne
October raw sugar rose by 0.4% to 19.74 cents per lb
December New York cocoa rose by 1.6% to $2,579 a tonne

Published 02 Sep, 2021 06:06pm

No sugar import as per ECC decisions: Body formed to fix responsibility

ISLAMABAD: Finance Minister Shaukat Tarin has constituted an inter-ministerial committee to fix responsibility for...

Published 31 Aug, 2021 04:50am

Ministries told to expedite import of wheat, sugar

Underlying rationale is to stabilise the prices of items of daily use

Updated 17 Aug, 2021 10:22am

Sugar imported by TCP: second vessel arrives

KARACHI: Second vessel of sugar imported by the Trading Corporation of Pakistan (TCP) has reached Pakistan for...

Published 07 Aug, 2021 02:51am

Markets

Raw sugar sets 5-1/2 month peak, Brazil crop outlook dims

December New York cocoa fell by $1, or 0.04%, to $2,456 a tonne
September arabica coffee fell by 2.4 cents, or 1.4%, to $1.7450 per lb
October raw sugar rose by 0.14 cents, or 0.75%, to 18.76 cents per lb

Updated 06 Aug, 2021 07:46pm

Govt decides to import more sugar

Will import 0.6 million metric tons instead of the previous target of 0.5 million tons through TCP as strategic reserves

Updated 03 Aug, 2021 09:48am

BR Research

TCP sugar import: money well-spent?

Hardly a week goes by when market prices of refined sugar are not a matter of debate in routine meetings of federal...

Published 30 Jul, 2021 07:25am

ECC likely to allow import of 100,000 MT of sugar

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet is likely to allow import of 100,000 metric tons...

Published 28 Jul, 2021 04:20am

Sugar import allowed by ECC

ISLAMABAD: A meeting of the Economic Coordination Committee (ECC) of the Cabinet, on Friday, approved sugar import ...

Updated 17 Jul, 2021 10:06am

Imported sugar to get costlier on surge in global prices

Meeting of the ECC informed that imported sugar would cost approximately Rs104 per kg against the current retail market price of Rs98 per kg

Updated 10 Jul, 2021 11:16am

GST assessment: FBR withdraws fixation of sugar price at Rs60/kg

ISLAMABAD: The Federal Board of Revenue (FBR) has withdrawn the fixation of the domestic price of sugar at Rs60 per...

Published 09 Jul, 2021 02:31am

BR Research

Early crushing: hard choices?

After receiving flak from farmer lobbies, the Punjab government has reinstated several amendments to The Sugar...

Published 01 Jul, 2021 07:35am

Markets

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

Arabica coffee hits 4-1/2 year high as supplies shrink

July arabica coffee was flat at $1.5570 per lb.
July raw sugar rose 2.2% to 17.14 cents per lb, having hit a one-month low of 16.54 cents on Monday.

Published 27 May, 2021 08:36pm

Markets

Arabica coffee hits new four-year high

July arabica coffee rose 2.3% to $1.5385 per lb
July raw sugar fell 1.5% to 16.78 cents per lb, having hit a one-month low of 16.54 cents on Monday.

Published 26 May, 2021 08:24pm

BR Research

Sugar: is this the new normal?

Pakistan’s monthly foreign trade report card for March 2021 shows only a trickle of sugar imports, keeping 9MFY21...

Published 17 May, 2021 07:35am

Markets

Pakistan delays decision in 50,000 tonnes sugar tender

The tender had closed on Tuesday and the lowest offer was reported to be $447 a tonne c&f.
The Pakistan government in July 2020 approved sugar imports to meet a shortage and cool prices after production fell below consumption levels.

Published 30 Apr, 2021 05:28pm

Markets

Ukraine proposes duty free sugar import

KYIV: Ukraine’s economy ministry has proposed waiving the 50% import duty on 120,000 tonnes of white sugar in a...

Published 23 Apr, 2021 05:12am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 24	278.53
USD PKR Interbank Buying / Dec 24	278.33
USD to Japanese Yen / Dec 24	157.14
USD to Swiss Franc / Dec 24	0.90
Pound Sterling to USD / Dec 24	1.25
Euro to USD / Dec 24	1.04

Stock	Volume
Germany DAX 30 / Dec 23	19,848.77
S&P 500 / Dec 24	6,040.04
India Sensex / Dec 24	78,472.87
Tokyo Nikkei / Dec 24	38,986.40
Nasdaq / Dec 24	20,031.13
Hang Seng / Dec 24	20,098.29
FTSE 100 / Dec 24	8,136.99
Dow Jones / Dec 24	43,297.03

Item	Value
Crude Oil USD/Barrel / Dec 24	70.10
Karachi Cotton PKR/37.32 KG / Dec 24	17,785
Gold 10 Grams PKR / Dec 24	240,487.70
Gold Spot USD/Ounce / Dec 24	2,616.87
Cotton US¢/pound / Dec 24	68.78
Petrol/Litre / Dec 26	252.10

Gainers
Losers
Leaders

Stock	Price
Sec. Inv. Bank / Dec 24 Security Investment Bank Limited(SIBL)	5.99 ▲ 1.00 (20.04%)
Next Capital / Dec 24 Next Capital Limited(NEXT)	8.90 ▲ 1.00 (12.66%)
Pak Agro Pack. (GEM) / Dec 24 Pak Agro Packaging Limited (GEM)(GEMPAPL)	9 ▲ 1.00 (12.50%)
Ghani Chem. Ind. / Dec 24 Ghani Chemical Industries Limited(GCIL)	16.13 ▲ 1.47 (10.03%)
Pak Gulf Leasing / Dec 24 Pak-Gulf Leasing Company Limited(PGLC)	14.37 ▲ 1.31 (10.03%)
Popular Islamic / Dec 24 Popular Islamic Modaraba(PIM)	15.58 ▲ 1.42 (10.03%)
Mandviwala / Dec 24 Mandviwala Mauser Plastic Industries(MWMP)	16.59 ▲ 1.51 (10.01%)
Blessed Tex. / Dec 24 Blessed Textiles Limited(BTL)	301.77 ▲ 27.43 (10.00%)
Crescent Cotton / Dec 24 Crescent Cotton Mills Limited(CCM)	55 ▲ 5.00 (10.00%)

Stock	Price
S.G.Power / Dec 24 S.G. Power Limited(SGPL)	10.58 ▼ -1.18 (-10.03%)
Olympia Mills / Dec 24 Olympia Mills Limited(OML)	36 ▼ -4.00 (-10.00%)
J.A.Textile / Dec 24 J.A. Textile Mills Limited(JATM)	33.95 ▼ -3.77 (-9.99%)
Sanghar Sugar / Dec 24 Sanghar Sugar Mills Limited(SANSM)	26.16 ▼ -2.90 (-9.98%)
I.C.C. Ind. / Dec 24 ICC Industries Limited(ICCI)	9.85 ▼ -1.07 (-9.80%)
National Silk / Dec 24 The National Silk & Rayon Mills Limited(NSRM)	50.01 ▼ -5.43 (-9.79%)
Gulshan Sp. / Dec 24 Gulshan Spinning Mills Limited(GSPM)	4.10 ▼ -0.40 (-8.89%)
Crescent Fib. / Dec 24 Crescent Fibres Limited(CFL)	40.16 ▼ -3.81 (-8.66%)
Reliance Ins. / Dec 24 Reliance Insurance Company Limited(RICL)	11.55 ▼ -1.05 (-8.33%)

Stock	Volume
WorldCall Telecom / Dec 24 Worldcall Telecom Limited(WTL)	126,573,463 ▲ 0.05
Fauji Foods Ltd / Dec 24 Fauji Foods Limited(FFL)	66,984,381 ▲ 0.49
Cnergyico PK / Dec 24 Cnergyico PK Limited(CNERGY)	66,471,663 ▼ -0.27
Pak Elektron / Dec 24 Pak Elektron Limited(PAEL)	38,651,653 ▼ -1.53
K-Electric Ltd. / Dec 24 K-Electric Limited(KEL)	36,108,956 ▼ -0.18
Sui South Gas / Dec 24 Sui Southern Gas Company Limited(SSGC)	33,467,532 ▼ -0.50
P.T.C.L. / Dec 24 Pakistan Telecommunication Company Ltd(PTC)	33,030,118 ▼ -1.31
TRG Pak Ltd / Dec 24 TRG Pakistan Limited(TRG)	29,441,264 ▲ 3.35
Pace (Pak) Ltd. / Dec 24 Pace (Pakistan) Limited(PACE)	28,106,970 ▼ -0.18

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