Explained: Why Balrampur Chini, Dhampur Sugar, Dalmia Bharat & other sugar stocks are up 12% in 2 days

Sugar stocks rallied for a second session on Friday as domestic sugar prices climbed 8-10% over the past month to a seven-year high. Rising global prices, supply concerns in Brazil and Thailand, higher ethanol demand and expectations of tighter Indian exports have strengthened the outlook for sugar producers.