Insight Focus

  • The Indian government has capped 2021/22 exports at 10m tonnes – our export forecast is still 9.7m.
  • We think there is up to 1m tonnes of export volume left uncontracted in 2021/22.
  • Both raw and white sugar exports are still workable, with world market prices exceeding the parity levels of 19c/lb and 480USD/mt respectively.
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Spot Export Parity Update

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Other Insights That May Be of Interest…

US Sugar Trade Flows at a Glance

Is Brazil Ready to Export Corn to China

Market View: White Premium Leads The Way

  

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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