Insight Focus

  • The Indian government has permitted 6m tonnes of sugar exports for the 2022/23 season.
  • Domestic white sugar prices in Maharashtra have strengthened slightly over the last week.
  • Both raw and white sugar exports are still workable, earning more than sales to the domestic market.

Raw Sugar Export Margin


White Sugar Export Margin


Latest Domestic Price and Exchange Rates 


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Jay Kindred

Jay has worked at CZ since 2019, starting as a market analyst before becoming a trader on the CZ derivatives desk in 2023.

As an analyst Jay had been responsible for providing regular content to our premium sugar analysis subscription as well as presenting our current market view to clients.

Since transferring into a trading role Jay has been developing and expanding CZ’s derivatives risk management offering across a broader suite of commodities and instruments.

He holds a BSc (Hons) in Economics from the University of Bath.

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