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

Inspite of all efforts of Govt to suppress sugar prices, they are increasing. As per traders wholesale price in UP is going to increase 42/kg (5% increase) by end of March and by Oct it could reach 45. Next year it could even go higher. Sugar supply is low for next 2 years. International sugar prices are going to stay at USD 600 plus levels.
Ethanol from grains will be possible but that too at low margins. Grain based ethanol companies like BCL could go into losses also.