Insight Focus

  • The INR has stopped weakening this week, unable to break through 82INR to the US dollar.
  • No.11 values have softened below 18c/lb over the same period.
  • This means that raw sugar exports are not viable without physical premiums, however white sugar exports are still workable without.
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If you have any questions, please get in touch with us at Jack@czapp.com.

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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