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Sugar stocks Balrampur Chini, Dhampur Sugar, others rally up to 8%. What’s behind the uptick?

Sugar stocks, including Balrampur Chini, Dhampur Sugar and EID Parry, rallied sharply on Tuesday as raw sugar futures re...

Sugar stocks Balrampur Chini, Dhampur Sugar, others rally up to 8%. What’s behind the uptick?
Source: Economic Times - Mutual Funds

Sugar stocks, including Balrampur Chini, Dhampur Sugar and EID Parry, rallied sharply on Tuesday as raw sugar futures remained near two-year highs. Rising supply concerns in Brazil, Europe and Thailand, along with stronger festive-season demand, have lifted expectations of tighter global sugar supplies and supported the recent rally.

SOURCE: Economic Times - Mutual Funds
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