Positive Sugar Stocks, RENUKA Target extended upto 51.30
Raw sugar futures in New York fluctuated as poor monsoon rains in India, the second-largest grower, eased a recent bearish sentiment that pushed prices down in the two previous sessions.
India has received below-average rainfall during the current monsoon season, according to data from the Indian Meteorological Department.
That’s potentially harming the development of sugar-cane crops that will be harvested later this year.
Petroleum minister focus to increase ethanol from 15% to 20% in petrol and diesel – may surging sugar price
Expect positive for sugar stocks – Renuka Sugar, Balrampur Chini, Praj Industries
RENUKA Sugar Target could be extended upto 53.30
India has received below-average rainfall during the current monsoon season, according to data from the Indian Meteorological Department.
That’s potentially harming the development of sugar-cane crops that will be harvested later this year.
Petroleum minister focus to increase ethanol from 15% to 20% in petrol and diesel – may surging sugar price
Expect positive for sugar stocks – Renuka Sugar, Balrampur Chini, Praj Industries
RENUKA Sugar Target could be extended upto 53.30
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.