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Industry : Management & Strategy Consulting Functional Area : Recession
Activity:  3 comments  171 views  last activity : 07 06 2010 20:18:04 +0000
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Second spell of recession ?

Sugar is hit hard... available stock is the lowest in 15 years now!

Indication of drought resulting in a HIT on production ?

Indication suggests a HALT AND PROCEED signal for retail investors.....

What do you say?

 Top Comment : Charles davison   | 09 13 2009 10:04:03 +0000
Looks like Hoarding Is rampant by the supermarket chains. They want to cash in on the low sales with high profits. Recent investigations reveal that the price of all these day to day items at Farmer level has not changed. The support price for sugarcane (in the case of sugar) has not increased .The sugar cane is not being taken by the factories at good price blackmailing the farmers to sell off the perishable commodity at factory dictated price. So we know where the problem lies . Also I wonder why this sharad pawar always asks and gets this agriculture portfolio? What good is he doing(or otherwise?) Strange ,that during his tenure as agriculture minister every time the prices have gone up and farmers are commiting suicide(I mean going under loss). What as agriculture minister is he good at -MAKING BCCI rich? and inturn akll the BCCI authorities? I feel that this price rise is just created . there is no price hike on every day basics any where else in the world .
 
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3 comments on "Investors, Beware of your investments now.."
  Commented by  Nitin M Aras, Head/VP/GM-Tech. Support, Wintech Taparia Limited    | 09 14 2009 06:31:47 +0000
I agreed with Charles
  Commented by  varsha, technical manager(QMS)    | 09 13 2009 18:22:17 +0000
Rating : +1 
MR. charles . i do agree with you .. its all the new way to create havoc at the name of low supply or production..  of sugar cane...its all new way to turn the market wave for the sake of investment  or so called recession..
thanks for sharing this article here..
  Commented by  Charles davison, Project Manager, Douglas OHI LLC    | 09 13 2009 10:04:03 +0000
Rating : +2 
Looks like Hoarding Is rampant by the supermarket chains. They want to cash in on the low sales with high profits.
Recent investigations reveal that the price of all these day to day items at Farmer level has not changed.

The support price for sugarcane (in the case of sugar) has not increased .The sugar cane is not being taken by the factories at good price blackmailing the farmers to sell off the perishable commodity at factory dictated price.

So we know where the problem lies .

Also I wonder why this sharad pawar always asks and gets this agriculture portfolio?
What good is he doing(or otherwise?)
Strange ,that during his tenure as agriculture minister every time the prices have gone up and farmers are commiting suicide(I mean going under loss).
What as agriculture minister is he good at -MAKING BCCI rich? and inturn akll the BCCI authorities?

I feel that this price rise is just created . there is no price hike on every day basics any where else in the world .
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