Insight Focus

  • Maharashtra’s domestic price has increased to 33,600 INR/mt, the highest it’s been all year.
  • As a result, raws export parity has gone from just over 18 c/lb to nearly 19.5 c/lb.
  • Whites exports remain workable with the No.5 >50 USD/mt above the 488 USD/mt export parity point.
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Unsubsidised Spot Export Parity Update

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Other Insights That May Be of Interest…

Raw Sugar Hedging Advances on Higher No.11

Market View: Record Indian Sugar Production and Prices


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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