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

Why it is important:

1. Either foreign demand is more at the time of winter and some mismatch on demand and supply
   or major issue in sugarcane crop at Brazil (largest sugar cane producers)
2. This is lucrative proposition for Indian exporter
   Domestic sugar price 3600-3700 per qual
   Now export market price 4600-4700 per qual

Wait and watch on the situation and take the call.

Largest beneficiaries are UP based sugar companies like Triveni, Uttam, Balarampur etc.