Can India Export Sugar Today? 3rd March 2022

Insight Focus

  • The No.11 is below the 18.8 c/lb export parity point, but we’ve recently seen mills contract at this level.
  • A strengthening No.5 means white sugar export margins have widened further.
  • Whites exports now yield more than 40 USD over the 475 USD/mt parity level with domestic sales.

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Unsubsidised Spot Export Parity Update

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Other Insights That May Be of Interest…

Russia & Ukraine Grain Flows Likely to Be Disrupted into H2’22

What the Ukraine Crisis Means for PET

Market View: Why Isn’t the Sugar Market Stronger?

Ukraine & Grains: Who is Most at Risk?

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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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