Insight Focus

  • An extra 1.2m tonnes of Indian sugar exports have been permitted by the government.
  • The rupee has weakened to almost 80INR to the US dollar, this is positive for the export parity.
  • The No.11 is 90 points below the domestic market, whilst the No.5 is currently 70USD/mt above the domestic market.

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Spot Export Parity Update

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Other Insights That May Be of Interest…

US 2021/22 Urea Imports Surge on Output Drop, Production Switch 

EU Deploys Labelling Rules to Combat ‘Fake Honey’ Imports 

Explainers That May Be of Interest…

Czapp Explains: 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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