Insight Focus

  • The INR has depreciated to new record lows against the USD.
  • This is helping some mills to agree sugar export contracts for 2022/23.
  • White sugar exports are viable at today’s prices.
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Spot Export Parity Update

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Jay Kindred

Jay has worked at CZ since 2019, starting as a market analyst before becoming a trader on the CZ derivatives desk in 2023.

As an analyst Jay had been responsible for providing regular content to our premium sugar analysis subscription as well as presenting our current market view to clients.

Since transferring into a trading role Jay has been developing and expanding CZ’s derivatives risk management offering across a broader suite of commodities and instruments.

He holds a BSc (Hons) in Economics from the University of Bath.

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