• The No.5 is well above the 492 USD/mt parity level, making white sugar exports workable.
  • The No.11 needs to reach 19.5 c/lb to enable raw exports.
  • Maharashtra’s white sugar prices are still moving sideways, hovering around 33.2 INR/kg.
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Unsubsidised Spot Export Parity Update

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Other Insights That May Be of Interest…

The World Needs More Sugar…Can India Help?

Explainers That May Be of Interest…

The Indian Ethanol Industry

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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