Insight Focus

  • The No.11 has weakened through 18c/lb.
  • Raw sugar exports are no longer viable without physical premiums (based on last season’s rules).
  • White sugar exports are still viable, though the margin has narrowed (based on last season’s rules).
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Raw Sugar Export Margin

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White Sugar Export Margin

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Latest Domestic Price and Exchange Rates 

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If you have any questions, please get in touch with us at Jack@czapp.com.  

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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