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Asia maintained balanced pricing supported by domestic consumption, while Brazil stood out as a low-cost producer with strong export capabilities

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She compares the sector to the beverage category where carbonated soft drinks are fading, but "you have non-carbonated drinks, whether it is water, juice or tea, and energy brands like Monster or Red Bull." S&P Capital IQ analyst Esther Kwon has a "strong buy" on Philip Morris because of its rising sales in emerging markets, and a "buy" on Lorillard and Altria

IEEE International Geoscience and Remote Sensing Symposium (IGARSS 2024), Athens, Greece: IEEE