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.
Unsubsidised Spot Export Parity Update
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