• Even with the No.11 futures breaking past 14c/lb this week, raw export parity remains entrenched in negative territory; 19c/lb is where we’ll see unsubsidised raws exports for 2020/21 become competitive.
• The No.5 futures have kept their range this week; USD 457/mt is where we’ll see unsubsidised low-quality white exports for 2020/21 become competitive.
• The USD/INR FX is stable this week and so does not influence the attractiveness of exports.

Spot Export Parity Update

Note: The export subsidy fluctuates weekly due to variables such as the INR:USD, India’s domestic price and the No.5 level.

Czapp’s Interactive Data Section

To access this data in our Interactive Data section, select the tile highlighted in yellow below…

…and you’ll be taken to the report.

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