CCL-Products–Company-Update–17-Apr-2024.pdf (nirmalbang.com)
“Robusta coffee prices continue to make new highs on a daily basis.
Duration of future orders could be lower, say 3-6 months, thereby indicating lesser visibility than in the past.
While we remain positive, relatively lower demand visibility
and working capital debt overhang might offer a better entry point to
investors in the near term” - Nirmalbang’s view
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