Insight Focus

  • We think around 4m tonnes of Indian sugar has been contracted so far in 2022/23.
  • With supply of new crop sugar becoming available, domestic prices in Maharashtra have fallen again.
  • Both raw and white sugar exports are still workable, earning more than sales to the domestic market.
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Raw Sugar Export Margin

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White Sugar Export Margin

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Latest Domestic Price and Exchange Rates

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If you have any questions, please get in touch with us at Jack@czapp.com. 

Jay Kindred

Jay joined Czarnikow full time in 2021 following a one year internship in 2019. As an intern he focused on the development of tools and dashboards to advance effective communication of data throughout the business and to clients. Jay is currently responsible for analysis of the European sugar sector, alongside contributing premium reports for Czapp and presenting our current market view to clients. He holds a bachelor’s degree in economics from the University of Bath.

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