Can India Export Sugar Today? 23rd July 2020

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  • The No.11 futures have stayed well below 13c/lb; the raws export parity should stay in negative territory for some time.
  • The No.5 futures have lifted this week, allowing Indian whites exports to just make it across the positive range.
  • The strengthening USD/INR FX has reduced the attractiveness of exports.

Spot Export Parity Update

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