Sugar Cycles: 7-8 years of losses followed by 2-3 years of super gains!

Again as mentioned in posts, source credits are due Aman Sonthalia.

Discl: I am a learner here. Everything I have been posting here is learnt from the Sugar Specialists – by questioning them hard.

So couple of pointers here from my side on your specific query:

• ISMA has a track record of over-projecting till the last min (till ground reality shows up different)
• ISMA is projecting for SS 23-24, no shortfall (production matching consumption at 290 LT, right), whereas Sugar Price this season start has already shot up to Rs 40/- from 35.5/- this time of year, why? It is already indicating the shortfall ahead!! (What other interpretation can there be?)
• if one ignores ISMA figures, and does any form of scuttlebutt in the field in MH and KA, one will hear of likely big shortfalls; even Media reports are indicating same, that production is less, and we are now hearing that crushing (that in normal production scenario continues till Apr/May) will get over by mid Feb and mid March respectively
• not to forget zero Adsali 18 month crop planting again in MH and KA, so SS 24-25 is also likely badly affected

We should ALL focus on getting to do our independent scuttlebutts now to confirm or deny above scenario being pointed to us by Aman Sonthalia.

Let’s keep asking folks we know/and their friends on ground reality in MH and KA, and keep reporting back here!