Note: You can monitor India’s export parity in the Interactive Data Section. 

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  • The level at which unsubsidised Indian sugar exports should be viable has fallen to 18.85c/lbs for raws and 477 USD/mt for whites.
  • This is due to the Indian rupee weakening and a small drop in domestic sugar prices.
  • However, mills have sold sugar for export below these levels to help with their cash flow.

 

Unsubsidised Spot Export Parity Update 

 

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Historical Export Margins 

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Ben Seed

Ben joined CZ’s analysis team in 2016 on a year long internship before returning to the University of Bath to complete an Economics Degree. Since re-joining in August 2018, Ben has led the data insights team in expanding the range and quality of data available internally and to clients through CZ App. Ben spent 3 months in CZ’s Singapore and Bangkok offices to expand his knowledge of the region and help roll out the latest data processes. He is now also responsible for the Sugar Market View published each week on CZ App.

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