Indian sugar production is poised for a record-breaking year thanks to increased cane cultivation driven by abundant water and poor returns from other crops. This surge is expected to allow India to resume sugar exports in 2025/26, potentially impacting global sugar prices by increasing supply amidst anticipated shortages from Brazil.
Astral shares drop 6% after demerger. What should investors do?
Astral shares fell nearly 6% on Monday after the company’s board approved the demerger of its chemicals business into a newly incorporated entity, Astral Chemie.