00:00It is a small commodity, sugar, because the prices are very high, and the prices are very high, and the
00:07prices are very high.
00:08What do you think, sugar can be more high?
00:11Or the price of 10,000,000 tons from Brazil will be able to see the prices in the prices?
00:18Sugar, of course, when the festival season comes, the demand is increasing.
00:24The most important thing here is that we need to import the sugar in E20.
00:31This is not the case.
00:33For E20, only 9 to 10% of total sugarcane production is diverted.
00:38If we take the last 5 years, then only 9 to 10% of total sugarcane production is diverted.
00:44The rest of the day is being used for consumption.
00:48The problem here is that it is not only E20, but production.
00:52We are seeing that this year's monsoon is very scattered.
00:56The main US or UP is a monsoon, which is better than average.
01:03This is why, production is a problem in production.
01:07The production was 446 million tons until 2021-2022.
01:14This year, it is not even 400 million tons.
01:17The production was reduced.
01:19This year, the inventory is less than 5 million tons.
01:25The inventory was reduced.
01:26The price of 3.4 to 3.6 million tons.
01:28This is all the scenario that we have to import sugarcane production.
02:04We have to import sugarcane production.
02:10This is why we have to import sugarcane production.
02:12This is why we have to import sugarcane production.
02:33So, we have to import sugarcane production.
02:37That is the price of 3.4 million tons.
02:40So, the price of 3.4 million tons is less than 50 per year.
02:43The price of 3.5 million tons is less than 50 per year.
02:43The price of 3.6 million tons is less than 50 per year.
02:45So that is the reason why import is necessary for India too.
02:49Let's talk about copper.
02:501,386% of the trade.
02:540.14% of the trade.
02:57What do you think?
02:59What should you do in this?
03:01The long term copper is fast.
03:03Because the basic basic fundamentals
03:05is a commodity.
03:06It is a supply and demand.
03:08The other geopolitical tensions have.
03:10But the basic economics
03:12is demand and supply.
03:14Here is the fundamental of copper.
03:16There is a little disbalance.
03:18Because there is a disruption in the supply.
03:20There is an oil and oil.
03:22There is copper ore.
03:26There is a lower grade.
03:27If we talk about the demand,
03:29it will increase exponentially.
03:31Of course, because we know
03:32how much data centers are growing.
03:34AI,
03:34not only EV cars.
03:37The charging stations are being used.
03:40There is also copper used.
03:42Solar panels.
03:43The demand is exponentially growing.
03:46The long term story of copper is intact.
03:49Now, as I was looking at the next contract,
03:52it is $1,396.
03:53The prices are below $1,360.
03:56There is no weakness.
03:59There is no weakness.
03:59The price will go towards the level of $1,400.
04:04And it is $1,400.
04:05And it will improve the level of $1,400.
04:06It will be seen in the middle of $1,400 to $1,400.
04:06But I will show up to $1,400.
04:07Even if we get to the level of $1,400, $1,400, $1,400.
04:09It will also be seen in the middle of $1,400.
04:12And the levels are also under $1,400.
04:33You can see prices like profit booking and macroeconomics changes, but otherwise there is a long-term story intact.
04:39But don't keep in the form of 164 and 165, wait a little bit, patience will be better.
04:46Okay, do a little patience, wait and watch.
04:49Thank you very much, ma'am.
04:51You have taken time for our courses. Thank you so much, ma'am.
04:54What will you do with this whole show?
04:57Whatever we talked about in commodities derivatives, I don't have any positions.
05:00In physical, gold and silver can be at various levels.
05:03And always invest in your registered analyst.
05:05Take this video as a guidance for your educational purpose.
05:08And become an informed investor. Thank you so much.
05:11Thank you, ma'am.
