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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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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