• With the No.11 around 19c, raw sugar exports now pay >0.5c/lb more than domestic sales.
  • This has been helped by a weakening Rupee lowering the parity level.
  • White sugar exports yield >60 USD more than the 465 USD/mt parity with domestic sales.
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Unsubsidised Spot Export Parity Update

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Other Insights That May Be of Interest…

Market View: Raw Sugar Back Above 19c

Black Sea Sugar Freight Suffers Little War Disruption

Is ‘Fortress Russia’ Self-Sufficient in Sugar?

Explainers That May Be of Interest…

The Indian Ethanol Industry

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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