Guys, I am new to this forum but trust me when I saw I have closely followed the sugar stocks and sugar cycle since the past 3 years. It seems that the turnaround in sugar cycle is finally dawning. Although, it is all bleak when we look at the news emanating from the individual sugar mills and the industry body ISMA, BUT if we go through the price trends in the commodity market - more particularly the Sugar delivery price, then a turnaround is soo obvious that it cannot be ignored by any investor interested in cyclical investing.
I am attaching the weekly price chart along with my comments. I would like to request knowledgeable boarders to comment on this…either on valuepickr or on the moneycontrol message board.
