Insight Focus

  • Raw sugar exports are still viable with the No.11 comfortably above the 19.1c/lb needed to enable them.
  • White sugar exports remain workable with the No.5 >90 USD/mt above the 483 USD/mt parity point.
  • Indian sugar prices are still at a higher point for 2022 and now sit around 33,400 INR/mt.
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Unsubsidised Spot Export Parity Update

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Other Insights That May Be of Interest…

Ask the Analyst: Currency Fluctuations and Indian Sugar Prices

Market View: Sugar & Soy Struggle for Space at Santos


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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