Insight Focus

  • The Indian government has announced the first tranche of exports totalling 6m tonnes for the 2022/23 season.
  • At current world market prices, both raw and white sugar exports are viable and can now be contracted.
  • Domestic prices in Maharashtra have softened further as new crop supply begins to become available.
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Raw Sugar Export Margin

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White Sugar Export Margin

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Latest Domestic Price and Exchange Rates

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If you have any questions, please get in touch with us at Jack@czapp.com. 

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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