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Sugar prices on a 5-year high as BRL/USD surges

Invezz - 1/15/2021 1:44:00 AM
Sugar prices are on the highest price level since April 2017. Strengthening Brazilian real and low supply from the EU and Thailand have fueled the momentum.

Avoiding the next wheat price spiral

Business Recorder - 1/21/2021 2:51:00 AM
As if a resurgence in domestic retail sugar prices wasn’t enough, wheat prices are also on a rise, climbing by 14 percent in Lahore during the past three weeks. An interesting anecdote is making rounds on social media as to why prices are rising.

NPMC Reviews Price Trend of Essential Commodities

ProPakistani - 1/19/2021 6:12:00 PM
Federal Minister for Finance and Revenue, Dr. Abdul Hafeez Sheikh, chaired the meeting of the National Price Monitoring Committee (NPMC)

Accounts of 29 sugar mills: LTU Karachi ‘detects’ massive revenue leakage

Business Recorder - 1/20/2021 11:37:00 PM
Karachi has “detected” a whopping Rs 200 billion revenue leakage in the financial ledgers of 29 sugar mills during audit. According to the sources, the large tax collecting arm of Federal Board of Revenue (FBR) has initiated audit exercise of 29 sugar mills for last four financial years after observing suppressed sales and suspicious business transactions.

Rising food prices

Dawn - 1/20/2021 10:24:00 PM
FOOD inflation continues to challenge the resolve of the government to control the prices of essential kitchen

Sugar prices in Karachi shoot up by Rs8 in three days

Geo News - 1/7/2021 1:37:00 PM
The price of sugar in Karachi went up by Rs8 in the past three days, according to market sources. The sources said that the sweetener is being sold at Rs88 in the wholesale market. As a result, sugar is available at high rates in the retail market.

Sugar prices to remain steady as production likely to increase, NPMC told

Pakistan Today - 1/11/2021 4:16:00 PM
Production of sugar is likely to increase this year due to improved sugarcane crushing activity, which would release pressure on the upward price trend, the National Price Monitoring Commit

Hafeez directs for smooth wheat, sugar supply at reasonable prices

Associated Press of Pakistan - 1/18/2021 4:09:00 PM
Hafeez Sheikh directed the provincial govts to follow a self-sustaining model and streamline daily release of wheat to ensure steady supply

Commodity Trader ED&F Man Agrees to Sell Part of Brokerage Unit

Bloomberg - 1/12/2021 4:12:00 PM
ED&F Man Holdings Ltd. agreed to sell a part of its brokerage unit as the commodities trader sheds assets to focus on its core business.

Indian sugar mills clinch export deals as prices jump -industry

Reuters - 1/7/2021 7:42:00 PM
Indian sugar mills are aggressively signing export contracts after New Delhi approved a subsidy for overseas sales and as global prices hit their highest level in 3-1/2 years, four industry officials told Reuters on Thursday.

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