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sugar production

FBR closes down sugar mill in Sindh

ISLAMABAD: The Federal Board of Revenue (FBR) has closed one sugar mill in Sindh, as the track-and-trace system and...

Updated 09 Dec, 2024 02:49pm

Markets

Higher production, imports boost US sugar supply

NEW YORK: Higher import volumes and increased local production of sugar has elevated the projected level of US sugar...

Published 14 Jul, 2024 02:55am

Refined sugar export: third meeting of SAB also remains inconclusive

ISLAMABAD: The third successive meeting of the Sugar Advisory Board (SAB) has failed to decide on the export of...

Updated 30 May, 2024 09:27am

Business & Finance

Sugar mills evading tax to face crackdown

ISLAMABAD: The caretaker government has decided to start crackdown on sugar mills involved in tax evasion, well...

Published 01 Feb, 2024 04:52am

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

PSMA concerned at ‘unsustainable’ production costs

LAHORE: Sugar millers have claimed that production and sale of sugar below its costs of production has become...

Updated 08 Dec, 2023 10:04am

Markets

Sugar output in India’s Maharashtra set to fall to lowest

MUMBAI: Sugar output in Maharashtra, India’s top producing state, is likely to fall 14% in the 2023/24 crop year ...

Published 15 Sep, 2023 06:59am

Markets

Brazil sugar production up

SAO PAULO: Brazil’s center-south sugar production rose 8.9% in the first half of July when compared with a year...

Published 26 Jul, 2023 06:17am

Markets

Brazil sugar output in 1st half of June seen hit by rains

NEW YORK: Brazil’s Centre-South sugar production in the first half of June is likely to have been capped by rains,...

Published 27 Jun, 2023 06:15am

Installation of automated track-and-trace system: FBR encountering compatibility issues at sugar mills

ISLAMABAD: The Federal Board of Revenue (FBR) is facing compatibility issues during the installation of an automated...

Updated 09 Apr, 2023 11:00am

Editorials

Sugar export contains a kernel of bitter truth

EDITORIAL: When it comes to promoting exports, few countries in the world may be as reluctant as Pakistan. That’s...

Published 02 Dec, 2022 05:47am

Business & Finance

Sugar production to increase next season: PSMA

LAHORE: The Pakistan Sugar Mills Association (PSMA) referring to the statistics of the Federal Board of Revenue ...

Published 05 Aug, 2022 06:27am

BR Research

Furniture and garments hold LSM

It may well be an entirely different picture in two months from now, but for 11 months of FY22, the Large-scale...

Published 20 Jul, 2022 08:52am

Markets

Brazil’s sugarcane crushing beats

SAO PAULO: Brazil’s center-south sugar and ethanol production in the second half of May beat expectations as total...

Published 11 Jun, 2022 06:04am

BR Research

Promising LSM growth

Large scale industrial activity has remained upbeat this fiscal year. While there is nothing record-shattering about...

Published 17 May, 2022 08:20am

PSMA demands permission to export excess sugar output

LAHORE: The Pakistan Sugar Mills Association (PSMA) has demanded the government to allow export of excess sugar...

Updated 29 Mar, 2022 10:07am

BR Research

LSM: Moderating too soon?

The LSM growth in November 2021 came down to 0.29 percent – lowest year-on-year number since August 2020. Having...

Published 27 Jan, 2022 08:11am

Business & Finance

Sugar mills directed to submit complete info to cane commissioner

LAHORE: The Punjab government has reiterated that all the sugar mills should submit full information to the cane...

Published 23 Dec, 2021 04:23am

Markets

Raw sugar futures weaken, cocoa extends rebounds

LONDON: Raw sugar futures on ICE fell nearly 1% on Wednesday as inflation jitters pressured the wider financial...

Published 11 Nov, 2021 05:20am

LSMI output up by 7.26pc in 2 months

ISLAMABAD: The Large Scale Manufacturing Industries (LSMI) output increased by 7.26 percent in the first two months...

Updated 16 Oct, 2021 01:04pm

Markets

Arabica coffee regains some ground, sugar and cocoa fall

NEW YORK/LONDON: Arabica coffee futures on ICE closed up on Wednesday, regaining some ground after falling by more...

Published 08 Oct, 2021 04:30am

July LSMI output down 4.91pc MoM

ISLAMABAD: The Large Scale Manufacturing Industries (LSMI) output decreased by 4.91 percent in July 2021 compared to...

Updated 16 Sep, 2021 09:52am

BR Research

Is liquidity requirement driving sugar sell-off?

According to latest private sector loan data published by SBP, outstanding working capital finance to sugar industry...

Published 26 Aug, 2021 07:25am

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

Brazil’s cane crush, sugar production down 14pc

SAO PAULO/NEW YORK: Brazilian mills in the main centre-south (CS) region produced 2.19 million tonnes of sugar in ...

Published 29 Jun, 2021 03:24am

BR Research

Sugar: learning from the past

Updated 07 Jun, 2021 09:57am

Markets

Brazil’s govt sees sugar output falling

SAO PAULO: The Brazilian government expects sugar production from the main center-south region to fall 6.4% compared...

Published 20 May, 2021 04:26am

Markets

India’s ethanol plan seen erasing exportable sugar surplus

NEW YORK: India’s government plan to increase ethanol blending in gasoline will erase the country’s exportable...

Published 19 May, 2021 06:00am

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

Brazil sugar output 25pc down as cane agricultural yields fall 10pc

Drier-than-normal weather in recent months in Brazil hurt sugar cane development and led plants to have a slow start to harvest in the current season. Cane crush late in April was 22% smaller than a year earlier to 29.6 million tonnes, Unica said.

Published 12 May, 2021 07:34pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 17	153.56
USD to Swiss Franc / Dec 17	0.89
Pound Sterling to USD / Dec 17	1.27
Euro to USD / Dec 17	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
Nasdaq / Dec 17	20,109.06
FTSE 100 / Dec 17	8,195.20
Dow Jones / Dec 17	43,449.90
Germany DAX 30 / Dec 17	20,246.37
France CAC40 / Dec 17	7,365.70
India Sensex / Dec 18	80,231.76
Tokyo Nikkei / Dec 18	39,081.71

Item	Value
Crude Oil USD/Barrel / Dec 17	70.11
Karachi Cotton PKR/37.32 KG / Dec 17	17,585
Gold 10 Grams PKR / Dec 17	241,860
Gold Spot USD/Ounce / Dec 17	2,644.07
Cotton US¢/pound / Dec 17	68.53
Petrol/Litre / Dec 18	252.10

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
Dadabhoy Cement / Dec 18 Dadabhoy Cement Industries Limited(DBCI)	8 ▲ 0.89 (12.52%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Data Agro / Dec 18 Data Agro Limited(DAAG)	139.24 ▲ 12.66 (10.00%)
Diamond Ind. / Dec 18 Diamond Industries Limited(DIIL)	20.90 ▲ 1.90 (10.00%)
Leather Up Ltd. / Dec 18 Leather Up Limited(LEUL)	26.74 ▲ 2.43 (10.00%)

Stock	Price
Equity Modaraba / Dec 18 First Equity Modaraba(FEM)	3.01 ▼ -0.43 (-12.50%)
Blue-Ex Ltd / Dec 18 Blue-Ex Limited (GEM)(GEMBLUEX)	37.76 ▼ -4.20 (-10.01%)
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
Din Tex. / Dec 18 Din Textile Mills Limited(DINT)	45.90 ▼ -5.10 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	331.40 ▼ -36.82 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Calcorp Ltd / Dec 18 Calcorp Limited(CASH)	26.22 ▼ -2.91 (-9.99%)
Biafo Ind. / Dec 18 Biafo Industries Limited(BIFO)	199.88 ▼ -21.05 (-9.53%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.15
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▼ -0.11
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	58,285,174 ▼ -0.53
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	57,202,972 ▼ -0.02
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -0.85
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 2.13
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▲ 0.04
Hub Power Co. / Dec 18 The Hub Power Company Limited(HUBC)	33,289,968 ▼ -3.83
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	31,365,092 ▼ -0.21

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