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  • The strong No.11 futures continue to push the raw sugar export parity closer towards positive margins.
  • The white premium has retreated slightly to weigh on the high whites export margin not seen since Q1’20.
  • A weak USD/INR FX has also been propping up export margins, aiding the push towards better margins.

Spot Export Parity Update

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Czapp’s Interactive Data Section

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Nicholson Lim

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