Please understand that India Glycol had made a high of above 500 earlier because conditions were extremely conducive at that time.Crude had gone upto 150 dollar level and there was bumper sugar crop and thus extremely low molasses prices.So long as these conditions do not replicate IG may not rise
12.12 PM Sep 26th 2012
with no forex losses and molasses prices at half that in the previous qtr. one can expect pat in the range u have predicted. i too expect ind glycols to touch 1000 in a years time provided crude prices do not fall. if crude goes higher ind gly. will go even higher.all the more gaur gum is quoting
11.19 AM Sep 24th 2012
meg prices up. molasses prices the raw material for igl, gaur gum prices sky rocketed, last qtr igl plant was shut for 15 days. no expected forex loss this qtr. all in all very positive for igl. it will zoom to its past glory post results. just wait and watch...
12.19 PM Sep 13th 2012
the raw material / molasses prices down and high crude will keep the end product glycol/ethanol prices up. We can expect good times to continue for next eight quarters and a target price of 300 for India glycol in 18-24 months. Will be laughing all the way to the bank if we reach the target earlier. Have
4.00 PM Apr 9th 2012
Mumbai, June 24: Liquor companies can breath easy following indications of molasses prices easing out. Prices have now dropped to Rs 4,000 per metric tonne in Maharashtra and Rs 3,000 per metric tonne in UP in anticipation of bumper sugar crop. Molasses prices had peaked to around Rs 6,000 per
1.35 PM Aug 30th 2012
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