Can India Export Sugar Today? 23rd June 2022

Insight Focus

  • Indian mills cannot sell any more sugar for export this season as there are no more licenses left.
  • At today’s prices mills would need the No.11 higher than 18.7c/lb, and the No.5 above 472USD/mt for exports to be workable.
  • However, mills are unlikely to sell until there is more certainty from the government on exports for next season.
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Spot Export Parity Update

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