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Analyst Insights Jay Kindred

161 Insights

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.

Can India Export Sugar Today? 2nd December 2021

  • Raw and white sugar exports are unworkable, once again, following the recent fall in global sugar prices.
  • Domestic raws sales command a 0.7c premium over the No.11, with parity achieved at 19.3c/lb.
  • White sugar exports will be workable if the No.5 strengthens by around 3 USD/mt.

Jay Kindred

2 years ago

1 min read

Can India Export Sugar Today? 25th November 2021

  • Indian raw sugar exports remain workable at 19.42 c/lb, offering around 0.5 cents over the No.11.
  • White sugar exports are also still viable at 490 USD/mt, yielding around 20 USD/mt over the No.5.
  • Both the domestic price in Maharashtra and USD/INR exchange rate have moved sideways since last week.

Jay Kindred

2 years ago

1 min read

Sugar Statshot: Perfectly Balanced Supply in 2021/22

  • We now think the world will produce 173.8m tonnes of sugar in 2021/22, second only to the record 2017/18 season.
  • With demand set to total the very same amount, there should be just enough sugar to satisfy demand in 2021/22, removing the small surplus seen in last month’s Statshot.
  • Our supply view is tighter now we’ve reduced our CS Brazilian production estimate by 400k tonnes (32mmt).

Jay Kindred

2 years ago

1 min read