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VERIFIEDET Markets·negative
Goldman Sachs says Britannia could see biggest cost impact as surge prices continue to soar
AI Summary
- ·Goldman Sachs identifies Britannia Industries as most exposed to rising sugar prices among covered companies.
- ·Nestle India and Varun Beverages may also face pressure from increased input costs.
- ·Tight global supplies, festive demand, and adverse weather are contributing to the surge in sugar prices.