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Sugaronline India Report – Bullish sentiments to dominate India’s sugar industry in the near term

By Prerna Sharma Singh

17th May 2021

The situation for Indian sugar mills is finally looking up, but for how long?

Despite the deadlier second wave of the viral pandemic that should adversely im-pact the demand from bulk buyers, fast moving consumer goods (FMCG) com-panies and households, equities for Indian sugar manufacturers have shot up by as much as 75% in the last month. The increase partly reflects a bullish stock market and rising food inflation.

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