Quote on Sugar prices at 11 year-high By S Ranganathan, LKP Securities
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Below Quote on Sugar prices at 11 year-high By S Ranganathan, Head of Research at LKP Securities
With Global Raw Sugar prices surging to 11 year highs, the outlook for large integrated Sugar Mills in India with large capacities for Sugar and Ethanol is getting brighter this quarter as we approach the peak summer season. Strong demand for the soft commodity this quarter coupled with diversion to Ethanol manufacturing is seen brightening the prospects for such fully integrated sugar complexes in India.
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