- Indian raw sugar exports are now workable below 19c for the first time since August.
- Maharashtra’s domestic price has fallen to 32,300 INR/mt, driving the parity level downwards.
- This has also increased white sugar exports margins over the domestic market to almost 25 USD/mt.
Unsubsidised Spot Export Parity Update
Other Insights That May Be of Interest…
Market View: Better Production Outlook Weighs on Sugar Prices