Thailand Faces Major Sugar Production Drop

Thailand, the world’s third-largest sugar supplier, is experiencing a significant decrease in sugar production this season due to dry weather impacting sugarcane growth. This unexpected drop threatens to tighten global supply and potentially elevate market prices further. Thai Sugar Millers Association revises 2023–24 season estimate to 7.5 million tons, down 500,000 tons, says director Rangsit […]

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