• Raws exports pay slightly better than domestic sales, with the No.11 above the 18.4c/lb parity point.
  • Whites exports remain workable with the No.5 >50 USD/mt above the 466 USD/mt export parity point.
  • Maharashtra’s domestic price has moved sideways over the last few weeks.
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Unsubsidised Spot Export Parity Update

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Other Insights That May Be of Interest…

Market View: Specs Bet on Higher Ethanol Parity

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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