Raw Sugar - Rally continues
Raw Sugar prices have broken out again today after a long consolidation of 3 months, prices are now again back to fresh yearly highs.
The impact of higher sugar prices will have a exponential impact on the profits of manufacturer.
View on Sugar shared by - Peter Brandt
#FACTORMEMBERS Sweet stuff #SUGAR $SB_F completes 11-wk ascending triangle buy signal pic.twitter.com/q92aKWMb4p— Peter Brandt (@PeterLBrandt) September 16, 2016
Meanwhile there is custom sugar index created by Viswanath
Sugar Custom index - @stockarchitect @heartwon @VijayKKaranam @indian_stockss @sanstocktrader @SanaSecurities pic.twitter.com/7sTgUFSbTH— Viswanath E (@writetoevv) September 16, 2016
Disclaimer: Personal holding in KCP Sugar. All the information shared is available in public domain. This should not be considered as a trade recommendation.
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