October 15, 2020

1 min read

Can India Export Sugar Today? 15th October 2020

Nicholson Lim

Raw sugar export parity remains entrenched in negative territory; 18.6c/lb is where we’ll see unsubsidised raws exports for 2020/21 become competitive.
The No.5 futures have strengthened slightly since last week; USD 457/mt is where we’ll see unsubsidised low-quality white sugar exports for 2020/21 become competitive.
The USD/INR FX has remained stable this week, meaning it has no impact on export parity.

Spot Export Parity Update

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