Sugar stocks face an uphill year in 2025
Sugar stocks face an uphill year in 2025 Global prices have turned weak, domestic output has acquired a dull look and ethanol procurement has shifted focus to grain-based feedstock Ravi Ananthanarayanan
Sugar stocks face an uphill year in 2025 Global prices have turned weak, domestic output has acquired a dull look and ethanol procurement has shifted focus to grain-based feedstock Ravi Ananthanarayanan
It’s a trying time for sugar mills in the current sugar season. Globally, international raw sugar prices have fallen by 21 percent from their end-September levels. Healthier than expected output in key producing nations such as Brazil and Thailand is one reason while the Brazilian Real’s sharp depreciation against the dollar is also contributing to some pressure on prices. Since Brazil is a key exporter of sugar, a weak Real means exporters will benefit from a weaker
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Source : Money Control
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