Imported Sugar prices - Advice required

#1
We are planning to buy 12500 mt from Brazil at the rate Rs 30 per kg (Delivered our factory). The cargo will reach to us in April end or May first week.We need the sugar for our self usage.Please suggest if this import will be feasible for us.
 

rkkarnani

Well-Known Member
#2
Well dont know really,but last week Intl prices dropped like a stone, and many analyst say that the same are at the bottom!! The fear(and happiness) is that domestic prices have also reacted to the drop and prices here are softening too!!! May be they lower than Rs.30/- here!!! This is how I see the situation!!
 

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