Commodity and Cyclical Plays

Yes, demand has improved a bit and so have the prices for writing and printing paper. Still some way to go. Kraft and paper board also seen decent upmove. I think we should see a good upmove once there is opening of schools in a major way.

As far as longevity of cycle goes, one can’t be sure. But upcycles can easily last for a couple of years. I always have exit strategies in mind during upcycle itself.