• Raw and white sugar exports are unworkable, once again, following the recent fall in global sugar prices.
  • Domestic raws sales command a 0.7c premium over the No.11, with parity achieved at 19.3c/lb.
  • White sugar exports will be workable if the No.5 strengthens by around 3 USD/mt.

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Unsubsidised Spot Export Parity Update

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Other Insights That May Be of Interest…

Sugar & Omicron: The End of the Trend?

World Sugar Market Five-Year Forecast

Market View: New Czapp, Same Sugar Market

Who is Buying and Selling Raw Sugar?

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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