- With the No.11 futures around 12c/lb this week, raw sugar export parity sits well within negative territory; 19.5c/lb is where we’ll see unsubsidized Indian raws exports for 2020/21 become competitive.
- The No.5 futures have kept their range this week; $478/mt is where we’ll see unsubsidized Indian low-quality white exports for the 2020/21 season become competitive.
- The USD/INR FX has been stable this week and does not influence the attractiveness of exports.
Spot Export Parity Update
Czapp’s Interactive Data Section
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Other Opinions You Might Be Interested In…
- India: A 7m Tonne Sugar Export Subsidy in 2020/21?
- September 2020 Sugar Statshot: Oversupplied in 2020/21
