Can India Export Sugar Today? 6th August 2020

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  • This week’s No.11 futures rally has inched raw sugar export parity towards positive territory; 13.2c/lb is where we will see Indian subsidised raws exports become competitive.
  • The No.5 futures have also raised this week, enabling Indian whites exports to stay well within the positive range.
  • The USD/INR FX has stayed rangebound this week and does not influence the attractiveness of exports.

Spot Export Parity Update

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