India isn’t expected to ship any sugar for the season that just started, a shift from two seasons ago when exports were as much as 11 million tons. That means markets are depending on Brazil, Mauro Angelo, chief executive officer at Alvean, a trading house controlled by Brazilian producer Copersucar SA said, making prices extremely sensitive to issues like untimely rains that threaten to disrupt harvests or delay ship loadings.
Earnings weakness signals no near-term market breakout, warns Madanagopal Ramu
If you are investing in the high growth sectors, you can expect a 20% earnings growth. But if you are going to be a diversified
October 21, 2024