But we have surplus sugar production, ethanol plants are yet to come up. Policy of increasing the ethanol blend is announced. But infrastructure is not ready. Last year's huge stockpile in godown. Farmers not paid FRP in many states.

More from Sugar

$Varinder Bansal \U0001f1ee\U0001f1f3$

Shree Renuka Sugars releases entire pledge of nearly 55.3 cr shares (26% equity) from IDBI bank

D: OWN/ BIASED/ ADVISED

Thanks, ET for quoting me. But a slight warning that Renuka is still using ~75% of existing ethanol capacity & ~60% of enhanced capacity this year vs Balrampur 95%. The key is to monitor CU going ahead (and of course Wilmar stand on 300 mn loan to co)

D: OWN/ BIASED/ ADVISED pic.twitter.com/wgPAcYHtnR
— Varinder Bansal \U0001f1ee\U0001f1f3 (@varinder_bansal) June 10, 2021

Jiten Parmar
@jitenkparmar

A thread I had done in sugar industry last year. A few things could have changed. But, I think there are huge challenges to the E20 story. Do we have underlying dynamics in place. Do read how much time it took for Brazil.

Disc: Invested in sugar only as tactical play.

Sugar Industry Insights (Feb 25, 2020)
Last few years sugar industry has been a beneficiary of government largesse. Sugar cycle turned in 2015. Post that there has been surplus production.
— Jiten Parmar (@jitenkparmar) February 25, 2020

Rohit Goyal
@goyalrohit21

@Vivek_Investor @varinder_bansal I think this sector will boom . Many oil psu has built tankers to store ethanol .Plus internationally sugar supply is affected due to brazil frost, in International market ethanol price will go up and force brazil to make more ethanol which will decrease sugar supply.

@varinder_bansal Now this depends on which type of process (c/b/juice) is used for ethanol production but eventually making ethanol will be big play so sugar will be sacrificed. And sugar stock is decreasing due to this. Now while ethanol can be made from other grains as well .

@varinder_bansal Those grains like wheat rice will also play an important role here. But major player will be sugar and mah/upmost benefited from this being highest producer.but this vehicle water issues might give a pause to party but that’s temporary not permanent.

Sahil Kapoor
@SahilKapoor

Ethanol blending as a concept has roots in 1826. In 1876 a more evolved use began. Nicolaus Otto, the inventor of the modern 4-cycle IC engine, used ethanol to power an early engine

Modern industry has its root in crony capitalism of 1960-70s in US

It's still a sunrise sector🙄

Warrior
@Reena88061887

@InvestingHike @Willwin7 @varinder_bansal Yes everything will exist. Govt target to reduce important so doing everything in that direction Only including flex fuel.

🧵EMA + VWAP STRATEGY

Every trader has a go-to strategy that works best for them. My trading is all about keeping it simple stupid and revolves around two indicators - Exponential moving averages and vwap.

Here's the strategy that I utilize on nearly 80% of my trades.

👇

What are Exponential Moving Averages?

EMA's are a type of moving average that places a greater weight on more recent data points.

8EMA = Exponential Moving Averages of the last 8 candle closing prices.

EMA's adjust with respect to chart time frame.

What is VWAP?

Volume Weighted Average Price - A key intraday indicator in my trading that offers the true average price based on price & volume.

Calculation: (Price x # of shares traded) / total shares traded

EMA's I use

- 8
- 21
- 50

While I do utilize the 50EMA, the 8 & 21 EMA are most important for this strategy. Some people use the 9 and 20 which are essentially the same thing. REMEMBER: EMA'S adjust with respect to time frames.

A+ Set Up Criteria - (What I look for)

Filippo Valsorda
@FiloSottile

“We don’t negotiate salaries” is a negotiation tactic.

Always. No, your company is not an exception.

A tactic I don’t appreciate at all because of how unfairly it penalizes low-leverage, junior employees, and those loyal enough not to question it, but that’s negotiation for you after all. Weaponized information asymmetry.

Listen to Aditya

"we don't negotiate salaries" really means "we'd prefer to negotiate massive signing bonuses and equity grants, but we'll negotiate salary if you REALLY insist" https://t.co/80k7nWAMoK
— Aditya Mukerjee, the Otterrific \U0001f3f3\ufe0f\u200d\U0001f308 (@chimeracoder) December 4, 2018

And by the way, you should never be worried that an offer would be withdrawn if you politely negotiate.

I have seen this happen *extremely* rarely, mostly to women, and anyway is a giant red flag. It suggests you probably didn’t want to work there.

You wish there was no negotiating so it would all be more fair? I feel you, but it’s not happening.

Instead, negotiate hard, use your privilege, and then go and share numbers with your underrepresented and underpaid colleagues. […]