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  • With the No.11 futures around 12.5-13c/lb this week, raw sugar export parity is well within negative territory; 19.5c/lb is where we’ll see unsubsidised Indian raws exports for 2020/21 become competitive.
  • The No.5 futures have kept their range this week; USD 478/Mt is where we’ll see unsubsidised Indian low-quality white exports become competitive.
  • The USD/INR FX is stable this week and does not influence the attractiveness of exports.

Spot Export Parity Update

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Czapp’s Interactive Data Section

To access this data in our Interactive Data section, select the tile highlighted in yellow below…

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…and you’ll be taken to the report.