Note: You can monitor India’s export parity in the Interactive Data Section.

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  • India’s sugar prices have pulled back to 35 INR/kg after last week’s increase.
  • This means raw sugar exports can now work at 20.76 c/lb, whilst white sugar requires 520 USD/mt.
  • The rupee has weakened, which is beneficial for exports.

Unsubsidised Spot Export Parity Update

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Ben Seed

Ben joined CZ’s analysis team in 2016 on a year long internship before returning to the University of Bath to complete an Economics Degree. Since re-joining in August 2018, Ben has led the data insights team in expanding the range and quality of data available internally and to clients through CZ App. Ben spent 3 months in CZ’s Singapore and Bangkok offices to expand his knowledge of the region and help roll out the latest data processes. He is now also responsible for the Sugar Market View published each week on CZ App.

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