• White sugar exports remain viable, with the No.5 still above the 483 USD/mt parity level.
  • Raw sugar exports, however, are not workable, with the No.11 below 19.2c/lb.
  • Maharashtra’s whites prices have fallen slightly to 32,700 INR/mt after a month moving sideways.
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Unsubsidised Spot Export Parity Update

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Other Insights That May Be of Interest…

Market View: More Indian Sugar, But Does it Matter?

Who is Buying and Selling Raw Sugar?

Explainers That May Be of Interest…

The Sugar Industry in Maharashtra and Karnataka

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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