Can India Export Sugar Today? 9th July 2020

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  • The No.11 futures have pushed back to 12c/lb once again, meaning the raw sugar export margins remain negative.
  • The No.5 futures have continued their downtrend this week, bringing Indian white sugar exports close to negative export parity.
  • The USD/INR FX has strengthened this week, reducing the attractiveness of exports.

Spot Export Parity Update

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